High Court asks bank to refund Rs 76 lakhs fraudulently debited from company’s account
A customer has zero liability in a third-party unauthorised transaction where the deficiency lies not with the bank or customer but elsewhere in the system, the Bombay High Court said on Thursday while directing Bank of Baroda (BoB) to refund Rs 76 lakhs debited fraudulently from a company’s bank account. The bench of Justices Girish Kulkarni […]