Supreme Court Allows Appeal in Bank Deficiency Case — Compensation Enhanced from Rs 1 Lakh to Rs 30 Lakh for Unauthorized Online Transfer. Bank's Gross Negligence in Linking School Accounts Without Request Leads to Full Liability Despite Alleged Principal Complicity.
18 Dec 2019The case involves a complaint by DAV Public School against Indian Bank for deficiency in service. The school maintained three accounts with the bank, ...
