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Guj. HC: Promissory Estoppel Applies if Customer Acts on Basis of Bank's One Time Settlement Scheme - (12 Jul 2022)

CONTRACT

Gujarat High Court has held that once a customer acts on the basis of offer made by a Bank under its One Time Settlement scheme, the principle of promissory estoppel applies and the latter is estopped from acting to the detriment of the former.

Tags : GUJARAT HIGH COURT   PROMISSORY ESTOPPEL   BANK  

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