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    <title>1978 (5) TMI 124 - Supreme Court</title>
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    <description>The Supreme Court allowed the defendant bank&#039;s appeal and dismissed the plaintiff&#039;s claim regarding Rs. 11,000 (Rs. 4,000 plus Rs. 7,000) and the interest thereon. The court reduced the decretal amount granted by the High Court by Rs. 11,000 and interest thereon, with no order as to costs. The court held that the bank was not liable for the loss caused by the fraudulent actions of its employee, Kapil Deo Shukla, as he was not acting within the scope of his employment when he committed the fraud.</description>
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    <pubDate>Fri, 05 May 1978 00:00:00 +0530</pubDate>
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      <title>1978 (5) TMI 124 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=196647</link>
      <description>The Supreme Court allowed the defendant bank&#039;s appeal and dismissed the plaintiff&#039;s claim regarding Rs. 11,000 (Rs. 4,000 plus Rs. 7,000) and the interest thereon. The court reduced the decretal amount granted by the High Court by Rs. 11,000 and interest thereon, with no order as to costs. The court held that the bank was not liable for the loss caused by the fraudulent actions of its employee, Kapil Deo Shukla, as he was not acting within the scope of his employment when he committed the fraud.</description>
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      <pubDate>Fri, 05 May 1978 00:00:00 +0530</pubDate>
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