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Supreme Court Allows Appeal in Bank Deficiency Case — Compensation Enhanced from Rs 1 Lakh to Rs 30 Lakh for Unauthorized Online Transfer. Bank's Gross Negligence in Linking School Accounts Without Request Leads to Full Liability Despite Alleged Principal Complicity.

The case involves a complaint by DAV Public School against Indian Bank for deficiency in service. The school maintained three accounts with the bank, ...

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Supreme Court Partly Allows Developer's Appeal in Consumer Dispute Over Delayed Possession — Compensation Reduced to 6% Interest Rate. Force Majeure Event Extended Possession Period; Actual Possession Handed Over After Sale Deed Execution.

The appeal arose from a judgment of the National Consumer Disputes Redressal Commission (NCDRC) dated 9 October 2014 in Consumer Complaint No. 112 of ...