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Loan repaid in 2003, but bank lost property papers; court orders Rs 5,000 per day payout

Times of India ·
Loan repaid in 2003, but bank lost property papers; court orders Rs 5,000 per day payout

The bank acknowledged that it could not trace the original documents for either property.

However, the bank argued that the firm had not asked for their return immediately after repaying the loan.

The bank has been ordered to pay compensation.

Read the full article on Times of India ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on timesofindia.indiatimes.com — the content belongs to Times of India.

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