Delhi HC: JD Cannot Move Objections u/s 47 of CPC against Execution of Award  ||  Del HC Refers to Larger Bench the Issue if Suit for Infringement Lies Against Proprietors of TM  ||  Delhi HC: For Wrongful Availment of ITC, Rampant Misuse of S.16 Will Create Enormous Dent  ||  Del. HC: Wife Leaving Work to Take Care of Child Cannot be Called as Voluntary Abandonment  ||  Bombay HC: Wife to Provide Voice Samples to Prove Allegations by Husband of Extra Marital Affair  ||  SC Upholds Constitutional Validity of Sec. 5A of Kerala GST Act & Section 7A of Tamil Nadu GST Act  ||  SC: Use of Volume-Based Rebates Does Not Constitute Abuse of Dominant Position  ||  SC: Under P&C Act Non-Public Servant Can be Convicted for Abetting Offences  ||  SC: IO’s Testimony Based Only on Section 161 CrPC Statements of Witnesses is Not Admissible  ||  NCLT Delhi: Can’t Adjust Payment Made for Specific Invoice Against Back Dated Invoices    

Apex Court Directs Bank to Compensate School who Lost Money in Online Banking Fraud - (20 Dec 2019)

CONSUMER

Apex Court has directed a Bank to give compensation of Rs 25 Lakhs to a school whose money from the bank account was siphoned out by the miscreants. The Court noted that finding of the State Commission, Banking Ombudsman and also by the Apex Consumer Forum that the bank has rendered themselves liable by enabling netbanking facility by linking the individual account of the school’s Principal to the school’s account.

Tags : APEX COURT   ONLINE BANKING  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved