The National Commission held that any individual possessing a bearer instrument is legally entitled to encash it, and the bank is bound to honour such an instrument when it is presented for......
The Commission concluded that bank officials had evidently been negligent in failing to compare the signature prior to making payment, notes Jehangir B Gai. Illustration: Dominic Xavier/Rediff.com......
Goods and services provided without any consideration are out of the ambit of the Consumer Protection Act; investors, too, cannot approach a forum. Tinesh Bhasin reports. Approaching consumer......
Consumer rights activists say even with limited resources, it is not possible for customers to take on banks and prove they are at fault. An employee uses a computer mouse inside an office.......
There are instances of unscrupulous bank officials defrauding depositors. Here is a case of how Bank of India officials violated all banking norms, resulting in a customer’s account being......