Supreme Court · 2006 INSC 433 · Decided 14 July 2006
Standard Chartered Bank LTD. v. DR. B.N. Raman
- Court
- Supreme Court of India
- Citation
- 2006 INSC 433 · [2006] SUPP. 3 S.C.R. 558
- Case number
- CIVIL APPEAL No. 2928/2006
- Decided
- 14 July 2006
- Bench
- ARIJIT PASAYAT, S.H. KAPADIA (2-judge bench)
- Outcome
- Case Partly allowed
- Case type
- Civil
- Acts & sections cited
- Consumer Protection Act Section 2(1)(d)
Headnote
Consumer Protection Act, 1986-Section 2(1)(d), (g) and (o)-Business transaction between Bank and Customer, a non-resident lndian-Deposit by c Customer in Foreign Currency Non-Resident Account-Reinvestment of the matured amount from time to time-On enquiry about status of the amount after 12 years months of initial deposit-Complaint for deficiency in service-Claim for decree of the final matured amount after conversion of foreign currency and interest@ 18% p.a. till realization-State Commission D decreeing the claim-Decree upheld by National Commission-On appeal, held: Factual findings of
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