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No Relief Under RBI Cyber-Fraud Circular When Customer Negligence Is Established: Allahabad HC
Case Law Details
- Case Name
- Suresh Chandra Singh Negi And Another Vs Bank of Baroda And Others (Allahabad High Court)
- Appeal Number
- Only available for paid members
- Courts
- All High Courts, Allahabad High Court
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Suresh Chandra Singh Negi And Another Vs Bank of Baroda And Others (Allahabad High Court)
The petitioners filed a writ petition under Articles 226 and 227 of the Constitution of India seeking a mandamus directing the respondent bank to restore ₹38,78,000, which they alleged had been fraudulently withdrawn from their bank accounts. Their claim was premised on the RBI Circular dated 06.07.2017 concerning “Customer Protection – Limiting Liability of Customers in Unauthorised Electronic Banking Transactions.” They also relied on two judicial precedents: the Supreme Court�...
