Supreme Court · 2019 INSC 1402 · Decided 18 December 2019

Dav Public School v. The Senior Manager, Indian Bank, Midnapur Branch & ORS.

Court
Supreme Court of India
Citation
2019 INSC 1402 · [2019] 15 S.C.R. 333
Case number
CIVIL APPEAL No. 9352/2019
Decided
18 December 2019
Bench
D.Y. CHANDRACHUD, HRISHIKESH ROY (2-judge bench)
Outcome
Appeal(s) allowed
Case type
Civil

Headnote

Consumer Protection - Deficiency of service - The complaint of the principal of the school alleged deficiency of service against the respondent-bank inasmuch as the school's bank accounts without net banking facility was linked with personal Customer Information principal of the school, facilitating online transaction which led to siphoning of Rs.30,00,000/- from school's account - Siphoning of Rs.25,00,000/- was detected on 09.09.2014 and then Rs.5,00,000/- was unauthorizedly transferred from the school's account the very next day

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