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Loan repaid in 2003, but bank lost property papers; court orders Rs 5k 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.

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

We haven't written up this one. Times of India has the full story — the link below goes straight to it.

Read the original at timesofindia.indiatimes.com →

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