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UK SC | Bank held liable for the breach of Quincecare duty of care towards its customer company – first successful claim for such a breach

Supreme Court of the United Kingdom: A Full Bench of Lady Hale (President), Lord Reed (Deputy President), Lord Lloyd Jones, Lord Sales,

Case Briefs High Courts

Guj HC | Deputy Manager (Law) of a bank, not being an employee working in the “department allied to Court”, ineligible to be a Judge

Gujarat High Court: The Bench of N.V. Anjaria, J. dismissed a petition challenging the eligibility criteria in Advertisement No. RC-0719/2019 published by

Case Briefs High Courts

Bom HC | Insurance contract give rise to reciprocal promises; Insurer entitled to recover the amount paid to third party under a ‘cancelled policy’ from the insured

Bombay High Court: Sunil K. Kotwal, J., allowed SBI Insurance Co. (insurer) to recover, from the owner of the offending bus (insurer), the

Case Briefs High Courts

Ker HC | Act of merely introducing a person to a bank for opening an account, when such person later cheats the bank, not an offence

Kerala High Court: The Bench of R. Narayana Pisharadi, J. quashed criminal proceedings against a person accused of cheating a bank holding

Case Briefs High Courts

Ker HC | Bank liable to pay contribution under Employees’ Provident Funds Act, in respect of commission paid to its deposit collectors

Kerala High Court: The Division Bench of K. Surendra Mohan and A.M. Babu, JJ. dismissed an appeal filed by a bank and

National Consumer Disputes Redressal Commission

Case Briefs Tribunals/Commissions/Regulatory Bodies

NCDRC | No liability on bank in the absence of any evidence showing deposition of educational certificates for taking a loan

National Consumer Disputes Redressal Commission (NCDRC): Justice V.K. Jain (Presiding Member) set aside the order of District Forum and State Commission and

Case Briefs Tribunals/Commissions/Regulatory Bodies

Omission on part of bank resulting in lapse of insurance policy amounts to ‘deficiency in services’

National Consumer Disputes Redressal Commission (NCDRC): The Bench comprising of R.K. Agarwal, J., M. Shreesha, Member, dismissed the revision petition filed against

Case Briefs High Courts

Borrowers proposed to be classified as wilful defaulters have a right to be represented by an advocate before the GRC

Delhi High Court– While deciding a case wherein the issue involved was whether a person who is proposed to be classified as