December 17, 2012

SC: Bank has to pay as per pass book entries- Bank liable for misdeeds of it's officials

Allegation was that some officials in Bank, manipulated ledger entries in customer account and withdrew amounts.

Bank was held liable to pay as per entries in passbook of customer by consumer courts. Order was upheld by SC.

Case reference : 2011(2)SCALE 417

Haresh Raichura
17/12/12