NationalMonday, 21 September 2026·The Hindu - National
Supreme Court calls for a law to standardise court and tribunal deposits
The Supreme Court has urged a statutory framework to protect litigants’ deposits and standardise their handling across courts and tribunals.
Key highlights
Direct fact
In a recent judgment, a Supreme Court Bench of Justices P.S. Narasimha and Alok Aradhe said a law is needed to protect crores of rupees deposited by litigants in courts and tribunals during pending appeals.
Key specifics
- The Bench identified the problem of non-uniform rules for court-ordered deposits across India.
- The court said deposits are often kept in different banks and earn inconsistent interest rates.
- The judgment referred to the U.S. Court Registry Investment System (CRIS) as a model.
- CRIS pools deposits into a single unified portal and buys Government Account Series Securities.
- The Supreme Court asked the Law Commission of India to examine the issue and consult the RBI, Ministry of Finance, and Ministry of Law and Justice.
Exam lens
TNPSC polity and judiciary question type: institution, recommendation, and comparative model; remember Justices P.S. Narasimha and Alok Aradhe, CRIS, Law Commission of India, RBI, and the call for a uniform statutory framework.