22 April 2024


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SC: Consumer Complaint Against Bank Maintainable Over Dispute on Encashment of FD - 23.08.2022

Supreme Court has held that consumer complaint in a dispute regarding premature encashment of Joint Fixed Deposit by bank in contravention of terms and conditions is maintainable, since a person who avails any service from bank will fall under purview of 'consumer' under Consumer Protection Act.

Tags : Supreme Court Consumer Complaint Bank

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