law: Banking Companies (Legal Practitioners' Clients' Account) Act, 1949
  3.Restriction of liability of banking
  
  companies in certain cases.- 
  (1) Where, under any law or rules having the
  
  force of law, a legal practitioner keeping an account in banking company for
  
  clients,' moneys may only operate on such account for specified purposes, then,
  
  neither the banking company with which such an account is kept nor any other
  
  banking company shall, in connection with any transaction relating to such
  
  account, incur any liability, or be under nay obligation to make any enquiry,
  
  or be deemed to have nay 
  knowledge of any right of any person to any
  
  money paid or credited to such account, which it would not incur, or be under,
  
  or be deemed to have, in the case of an account kept by a person entitled
  
  absolutely to all the money paid or credited to the account :
  
  Provided that nothing in this sub-section shall-
  ( i ) apply to the
  
  case of an account kept by a legal practitioner as trustee for a specified
  
  beneficiary, or
  (ii) relieve a banking company form any
  
  liability or obligation which it would incur or be under, apart form this Act.
  (2) Notwithstanding anything contained in
  
  sub-section (1), a banking company in which a legal practitioner keeps an
  
  account for clients' moneys shall not, in respect of any liability of such
  
  practitioner to the banking company, not being a liability in connection with
  
  that account, have or obtain any recourse or right, whether by way of set-off,
  
  counter-claim, charge or otherwise, against moneys standing to the credit of
  
  that account.