https://www.taxtmi.com/caselaws?id=196260 The High Court found the writ petition maintainable against a Scheduled Bank in a dispute over a processing fee refund for a cash credit account takeover. The court ruled in favor of the petitioner, directing the bank to refund the fee of &8377;1,79,238 within 30 days, with 12% interest per annum for delays. The lack of substantiated evidence supporting the bank's claims and the petitioner's entitlement to the refund influenced the court's decision. Each party was responsible for their own costs. en-us Mon, 16 Sep 2013 00:00:00 +0530 Thu, 23 Nov 2017 16:07:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=196260 The High Court found the writ petition maintainable against a Scheduled Bank in a dispute over a processing fee refund for a cash credit account takeover. The court ruled in favor of the petitioner, directing the bank to refund the fee of &8377;1,79,238 within 30 days, with 12% interest per annum for delays. The lack of substantiated evidence supporting the bank's claims and the petitioner's entitlement to the refund influenced the court's decision. Each party was responsible for their own costs. Case-Laws Indian Laws Mon, 16 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=196260