Banking service -- FDR - Non payment of maturity amount on the plea the FDR in question is forged one - Another version put that the complainant has already availed of the facility of overdraft of Rs. 95,000/ - Clear from records that Bank has initiated criminal proceedings against the Manager and the Daftari for the loss of FDR book - Bank had initiated disciplinary..........
Consumer Protection Act, 1986, Section 2(1)(g) , 14(1)(d), Negotiable Instruments Act, 1881, Section 18 , 31 -- Banking service - Cheque - Return of cheque to payee on account of difference in figures and words of the amount of cheque - Held that a conjoint reading of Sections 18 and 31 of the NI Act would lead to the conclusion that the petitioner Bank ought to have paid..........
Banking service -- Deficiency in service - Cash credit - Loan condition that complainant to produce the stock statement from time to time to enable the Bank to get the stock insured - Complainant did not supply the stock information after 31.10.2005 and submitted the same on 18.8.2006 after the alleged incident of flood - Mere submitting of the stock statement in the..........
Prevention of Corruption Act, 1988, Section 13(1)(d), 13(2), Criminal Procedure Code, 1973, Section 197, Banking Regulation Act, 1949, Section 10(bb0, 36(AA), Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, Section 9 -- Managing Director and Chairman of a Nationalized Bank - Charge of cheating and corruption - Allegation of sanctioning credit limit..........
Haryana Urban Development Authority Act, 1977, Section 17, Interest Act, 1978, Section 2(b), 3 -- Rate of interest - Petitioner re-allotted plot after payment of installments by original allottee - Held, respondent cannot demand compound interest on delayed payment and also on enhanced compensation - Respondent directed to calculate interest at current rate which means the..........
Haryana Urban Development Authority Act, 1977, Section 17(1)(2), Interest Act, 1978, Section 3, 2(b) -- Plot - Allotment in open auction - Failure to pay instalments - Resumption - Restoration - An undertaking given to deposit the outstanding dues alongwith interest - Authorities to calculate interest by applying current rate of interest which means the highest of the..........
Banking service -- ATM card - Loss of - Intimation given to Bank on 26.6.2005 about loss of ATM card and to inactivate the Card - Money was withdrawn between 20.7.2005 to 6.8.2005 - It was only possible because of non inactivation of the ATM card by the respondent bank - Order of the District Forum dismissing complaint liable to be set aside - Complainant held entitled to..........
Banking service -- ATM card - Loss of - Intimation given to Bank on 26.6.2005 about loss of ATM card and to inactivate the Card - Money was withdrawn between 20.7.2005 to 6.8.2005 - It was only possible because of non inactivation of the ATM card by the respondent - bank - Order of the District Forum dismissing complaint liable to be set aside - Complainant held entitled..........
Banking service -- Disputed question of facts - Bank locker - Breaking open of the locker without due notice for non - payment of locker rent - The fact about jewellery allegedly found to be missing or its valuation is a disputed question of fact - Could not be adjudicated upon without taking evidence - District Forum held to have committed an error in accepting the..........
Consumer Protection Act, 1986, Section 2(1)(d) -- Consumer - Banking service - Complainant not maintaining any account and had not availed of the services of OP No. 3 bank for consideration - Merely on the ground of OP No.3 bank collecting bank of having sent the cheque for collection to OP No.1, no liability can be fastened under the Act for alleged negligence/deficiency..........
