Daughter sues father for withdrawing money from her PPF fund, Delhi High Court orders return of entire corpus
New Delhi, Aug. 10 -- A peculiar incident relating to a conflict between a father and daughter over ownership of PPF funds emerged recently. A daughter sued her father for deliberately withdrawing all funds from her PPF account and claimed that he attempted to create financial strain on her mother.
The father identified as Sudhir Kawatra had opened a Provident Fund (PPF) account in the1999 for his daughter Shamli Kawatra. However, Sudhir Kawatra withdrew the entire corpus of over Rs.8 lakh in 2016 and closed the account before Shamli could claim funds on maturity. When Shamli approached the bank on PPF maturity in 2017, she was disturbed to find that the account no longer existed.
Aggrieved by her father's move she moved court, accusing...
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इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.