Supreme Court of India
Standard Chartered Bank Ltd. v. Dr. B.N. Raman
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1 Supreme Court bench has cited this judgment.
From the headnote
Consumer Protection Act, 1986-Section 2(1)(d), (g) and (o)-Business transaction between Bank and Customer, a non-resident lndian-Deposit by c Customer in Foreign Currency Non-Resident Account-Reinvestment of the matured amount from time to time-On enquiry about status of the amount after 12 years of initial deposit, told by Bank that the amount prematurely withdrawn just after 3 months of initial deposit-Complaint for deficiency in service-Claim for decree of the final matured amount after conversion of foreign currency and interest@ 18% p.a. till realization-State Commission decreeing the…
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