As a child, Joseph grew up listening to the endless discussions on litigations involving his father, banker Francis, and his Modern Relief Bank of Kochi.
Sixty-seven years after the bank broke and the death of banker Francis and most of his 782 creditors, the legal battle is far from over.
Recently, the First Additional Subcourt, Ernakulam, came out with a newspaper advertisement inviting the creditors to come forward to claim what is due to them. The court had also authorised P.K. Raghavan, the present official receiver in the case, to reach out to the creditors or their legal heirs.
