Banking · Garnishee Order & Legal Operations
A bank branch receives a Garnishee Order against 'Mr. Vinod Kumar' as judgment debtor. Which of the following accounts maintained at the branch should be attached under the order? 1. Sole Savings Account of Vinod Kumar2. Joint Savings Account ('Either or Survivor') of Vinod Kumar and his son3. HUF Fixed Deposit of 'Kumar & Sons' (Vinod Kumar as Karta)4. Current Account of 'Vinod Traders' (Sole Proprietorship of Vinod Kumar)
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 21, 2, and 4 only
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1 and 4 only
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