https://www.taxtmi.com/caselaws?id=103881 The appeal was allowed, setting aside the District Forum-II's dismissal of the complaint. The State Bank of India was found guilty of deficiency in service for misplacing one of the complainant's share allotment applications. The Bank was ordered to pay compensation of Rs. 2,500 within four weeks, with the complainant granted the right to pursue additional legal action if the payment was delayed. The decision emphasized the Bank's obligation to provide services in exchange for consideration, holding it liable for the service lapse. en-us Mon, 04 Aug 1997 00:00:00 +0530 Fri, 24 Feb 2012 18:26:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=103881 The appeal was allowed, setting aside the District Forum-II's dismissal of the complaint. The State Bank of India was found guilty of deficiency in service for misplacing one of the complainant's share allotment applications. The Bank was ordered to pay compensation of Rs. 2,500 within four weeks, with the complainant granted the right to pursue additional legal action if the payment was delayed. The decision emphasized the Bank's obligation to provide services in exchange for consideration, holding it liable for the service lapse. Case-Laws Companies Law Mon, 04 Aug 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=103881