HDFC’s counsel added that Banerjee’s private presence is required since his {photograph} can also must be taken as a part of the extra KYC course of.
“Inform your financial institution supervisor to look in individual. I’ll take his picture first. You can not change the stance, madam! To begin with, you took time yesterday. And now you may have modified your stand,” the choose remarked.
The financial institution’s counsel finally knowledgeable the Court docket that Banerjee needn’t go to its department for the KYC train. Nonetheless, it can’t be accomplished on-line since his account is quickly blocked, she added. As an alternative, she prompt that the financial institution’s official can go to Banerjee’s residence to finish the KYC formalities.
The Court docket recorded this submission. In an interim order handed this afternoon, the Court docket directed Banerjee to submit all KYC paperwork requested by the financial institution throughout the course of at this time, and added that the financial institution’s official will go to his residence to finish the method as an alternative of TMC chief having to go to the financial institution.
Banerjee’s counsel advised the Court docket that this may be accomplished at this time itself.
The Court docket recorded this as nicely, and directed the financial institution to tell Banerjee of the time at which its consultant will go to the TMC chief’s home to finish the extra KYC formalities.
“Petitioner shall stay current in the home when financial institution officers go to. Let matter seem on Monday (August 24), on the prime,” the Court docket added.
Senior Advocate Bhattacharya additionally urged the Court docket to quash HDFC’s earlier communications altogether, terming them high-handed actions.
“This (account block) mustn’t have occurred in any respect… Their regulation says earlier than blockage or want for KYC, they must notify me,” Bhattacharya stated.
He added that Banerjee’s credit score services also needs to be re-opened as soon as the KYC formalities are full.
