Lost Lakhs: PPF Deposits That Backfired

Mitali , Last updated: 10 October 2025  
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In Judgment WA No. 1636 of 2025 (dated 14 August 2025), the Kerala High Court addressed a case where guardian opens PPF accounts on behalf of minor children and continued to deposit money even after they turned 18. The court ruled that the post office was justified in forfeiting ₹6.87 lakh in excess

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Published by

Mitali
(Finance Professional)
Category Accounts   Report

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