NEW DELHI: Expressing concern over misuse of criminal procedure to harass people for personal vendetta by filing frivolous cases, the Supreme Court on Monday asked the trial courts “to nip in the bud” such cases by discharging the accused even before trial. Holding that a litigant, caught in a frivolous case, loses a self of himself in the legal battle to protect himself and his reputation, a bench of Justices M M Shantanagoudar and R Subhash Reddy said it is the duty of the trial court, being the first line of defence of the criminal justice system, to protect people from vexatious litigation.
SC Directs RBI To Frame New Bank Locker Regulations In Six Months
The Supreme Court held that banks cannot wash off their hands towards their customers for the operation of lockers. PTI Outlook Web Bureau 2021-02-20T08:29:21+05:30 SC Directs RBI To Frame New Bank Locker Regulations In Six Months outlookindia.com 2021-02-20T08:32:40+05:30
The Supreme Court of India on Friday directed the Reserve Bank of India (RBI) to lay down regulations within six months mandating the steps to be taken by banks with respect to locker facility management.
It held that banks cannot wash off their hands towards their customers for the operation of lockers.
NEW DELHI: The Supreme Court on Friday ruled that breaking open a customer’s locker by a bank was a serious breach of trust and ordered United Bank of India to pay Rs 6 lakh compensation to an aggrieved person whose locker was broken open at a Kolkata branch more than 25 years ago.
The bank informed Amitabha Dasgupta in 1995 that the locker had been broken open and allotted to another person as the rent was not paid for 1993-94. When Dasgupta proved that he had paid rent for the previous year, the bank admitted its mistake. When the customer wanted back the seven pieces of jewellery deposited in the locker, the bank could return only two.
Banks are the custodians of public property and they "cannot leave their customers in the lurch" by claiming ignorance of the contents of their lockers, the Supreme Court said on Friday as it observed that "(the) present state of regulations on locker management is inadequate and muddled"
Read more about SC gives RBI six months to lay down regulations for locker facility on Business Standard. The court held that banks cannot wash off their hands towards their customers for the operation of lockers