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Bank Vicariously Liable For Conduct Of Its Employees: Supreme Court

The Supreme Court recently held that recipients of a fixed deposit cannot suffer at the cost of the criminal conduct of the Bank officials and that, in such an event the Bank would be held vicariously.

Bengaluru s Mantri group tells SC it has given possession in its delayed project, but flats don t have an OC

Buyers said that they could not take possession of their flats because contrary to what the developer had told the apex court, many flats were not ready for possession as they did not have an OC, which is mandatory prior to handing over possession.

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