Case Law Analysis
|Calcutta High Court
Bank Not Deemed Defaulter Under ESI Act If Customer’s Account Is Inoperative and Zero-Balance | Holding Bank Cannot Be Deemed Defaulter Under ESI Act If Customer’s Account Is Inoperative and Zero-Balance : Calcutta HC
Calcutta HC quashed garnishee orders against SBI, holding bank cannot be deemed a defaulter under ESI Act if the customer’s account is inoperative and zero-balance, shielding banks from ESI liability, curbing recovery officer’s power to attach funds.