Consumer Protection Act, 1986; Section 2(1)(d)(ii) - Consumer complaint alleging premature encashment of Joint Fixed Deposit by bank in con...

Cannes has argued that since the Sale Deed between TDI and Surya makes a reference to the Maintenance Agreement, combined with the fact that...

  The money that a customer deposits in a bank is not held by the latter on trust for him. It becomes a part of the banker’s funds who is un...

 In the present case, we do not find any circumstance or reason which could have caused any doubt in the mind of a prudent bank to initiat...

 In addressing the above rival submission at the cost of repeatation for better appreciation, it may be stated that the so called cash cr...

That issue has been considered in the various Judgments of this Court and the latest one is in "Vishal N. Kalsaria v. Bank of India a...

Be that as it may, we do not see nor is there any discussion in the orders before us giving the basis on which the second FDR was issued....

With regard to the first point, this Court in a Judgment reported in MANU/GH/0183/1997 : 1998 (2) GLT 350 in the case of Smt. Sunita Sha...

After hearing learned counsel for the parties and perusing the record of the case alongwith the factual report submitted by the learned...

  Given the above narration of facts, we are satisfied that the action of the Bank touted as a “mistake”, was not a genuine mistake but w...

The undisputed factual position is that the appellantbank has not released the mortgage. The possession of the mortgaged property has n...

The   submission   of   the   learned   counsel   appearing   for   the petitioner is that in view of the express provisions of the Indi...

Nomination made by a depositor/account holder is the reflect ion of his wish upon identification by him of the recipient of the deposit ...

 In para 10 of the plaint, respondent No. 1/plaintiff himself has admitted regarding the factum of forged draft of the Bank. Once he hi...

Having heard Learned counsel for the Petitioner and the Complainant, who is on caveat, we are of the view that the Revision Petition is ...

Interestingly,   the   complaint   merely   states   that  the accused had issued the cheque in repayment of the loan  without giv...

  The loan documents obtained by the bank are in a standard format of contract, standard clauses of the guarantee agreement have been wi...

 In para 13 of the cross-examination, defendant No. 3 has also given number of admissions, which read as under: It is true that I sign...

The question is whether the bank can claim exemption from insolvency proceedings under Section 8 of the Act. Any company registered under ...

ATM—Unauthorised withdrawal--Since there is no R.B.I. guidelines in India regarding C.C.T.V. Footage recording in the ATM Booth, the n...