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Union Bank Transfers Rs 1.09 Lakh to Wrong Account; Lawyer Couple Wins Rs 2.29 Lakh

Google News - Legal India•
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Summary

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  • In a significant ruling, a lawyer couple has won Rs 2.29 lakh after Union Bank mistakenly transferred Rs 1.09 lakh to the wrong account.
  • The case highlights the bank's liability in ensuring accurate fund transfers and the consequences of negligence.
  • This decision sets a precedent for accountability in banking transactions and consumer rights protection.
  • The implications of this ruling could influence how banks handle similar errors in the future.

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