CUTTACK: In a relief to a woman seeking funds for urgent family needs , Orissa high court allowed premature encashment of her National Savings Time Deposit , overriding postal objections and setting a two-week deadline to process her request.
Justice Dixit Shripad quashed the Aug 5 order of postal authorities denying Priyadarsini Das withdrawal before the five-year maturity, citing Hindu law that recognises emergencies, social obligations and family needs.
Das needed money for a marriage. Her counsel argued amended Rule 8(d) of the 2019 scheme permits encashment after four years at lower interest. The high court said the rule “does not begin with negative phraseology” and cannot bar earlier withdrawal, noting “the funds in deposit belong to her and not to the entity which holds her money.”
Justice Dixit Shripad quashed the Aug 5 order of postal authorities denying Priyadarsini Das withdrawal before the five-year maturity, citing Hindu law that recognises emergencies, social obligations and family needs.
Das needed money for a marriage. Her counsel argued amended Rule 8(d) of the 2019 scheme permits encashment after four years at lower interest. The high court said the rule “does not begin with negative phraseology” and cannot bar earlier withdrawal, noting “the funds in deposit belong to her and not to the entity which holds her money.”
You may also like
UAE petrol and diesel prices for October 2025: How much you'll pay at the pump
Primary teachers in TN to undergo 'Ennum Ezhuthum' training from October 7
Katrina Kaif: Katrina Kaif's first post-pregnancy photo surfaces, enjoying her brother-in-law's birthday party..
JEE Main 2026: NTA directs aspirants to update Aadhaar, UDID, and category certificates ahead of registration
Zinedine Zidane has already made feelings perfectly clear on taking Man Utd job
