J&K&L HC: Failure to Frame Limitation Issue Not Fatal; Courts May Examine Limitation Suo Motu  ||  Bombay HC: Preventing Feeding Stray Dogs at Society or Bus Stop is Not 'Wrongful Restraint'  ||  Gujarat HC: Not All Injuries Reduce Earning Capacity; Functional Disability Must Be Assessed  ||  Delhi HC: Framing of Charges is Interlocutory and Not Appealable under Section 21 of NIA Act  ||  Supreme Court: Mutation of Revenue Records Can Be Based on a Will  ||  Supreme Court: Informant’s Criminal Revision Does Not Abate on Death; Other Victims May Continue  ||  Supreme Court: Driving Licence Renewal After a Gap Will Not Take Effect From Expiry Date  ||  Supreme Court: High Courts Cannot Quash Cheque Bounce Cases by Pre-Trial Inquiry Into Liability  ||  Supreme Court: Passport Renewal Cannot be Denied if Trial Court Has Permitted it Despite Pending Case  ||  SC: Delay in Depositing Sale Balance Does not Make Specific Performance Decree Inexecutable    

SC: Banks Have Super-Added Obligation to Pay Back Customers Money on Demand - (31 Dec 2021)

Supreme Court has observed that banks have a super-added obligation to pay back customers their money on demand with the agreed rate of interest. The Court has noted that the relationship of a bank with its customer was not of trust but that of debtor-creditor.

Tags : SUPREME COURT   SUPER-ADDED OBLIGATION TO PAY BACK CUSTOMERS  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved