{"id":305166,"date":"2026-02-27T17:24:17","date_gmt":"2026-02-27T17:24:17","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/305166\/"},"modified":"2026-02-27T17:24:17","modified_gmt":"2026-02-27T17:24:17","slug":"once-pension-is-credited-to-bank-account-it-loses-statutory-protection-can-be-recovered-for-guarantors-liability-jkl-high-court","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/305166\/","title":{"rendered":"Once Pension Is Credited To Bank Account, It Loses Statutory Protection &#038; Can Be Recovered For Guarantor&#8217;s Liability: J&#038;K&#038;L High Court"},"content":{"rendered":"<p>Explaining that the statutory protection over pensionary benefits does not extend beyond the stage of actual payment, the High Court of Jammu &amp; Kashmir and Ladakh has held that once pensionary benefits are credited to a pensioner&#8217;s bank account, they lose the protection under Section 11 of the Pensions Act, 1871 and can be subjected to recovery towards enforceable contractual&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"Explaining that the statutory protection over pensionary benefits does not extend beyond the stage of actual payment, the&hellip;\n","protected":false},"author":2,"featured_media":305167,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[138,246,166998,111,139,69,166997,244,245],"class_list":["post-305166","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-business","tag-finance","tag-it-loses-statutory-protection-and-can-be-recovered-for-guarantors-liability-jk-high-court","tag-new-zealand","tag-newzealand","tag-nz","tag-once-pension-is-credited-to-bank-account","tag-personal-finance","tag-personalfinance"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/305166","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=305166"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/305166\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/305167"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=305166"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=305166"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=305166"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}