https://www.taxtmi.com/forum/issue?id=119726 The bank may recover funds erroneously credited by debiting the customer account, placing holds and coordinating with other banks to freeze traced balances; CCTV, transaction statements and audio recordings form the core documentary basis for recovery. Delayed written reporting to supervisors creates exposure to internal disciplinary charges for negligence despite the bank ultimately not suffering loss; other banks typically require police reports or court orders before imposing holds. Prompt written escalation and formal legal steps improve recovery prospects and reduce staff disciplinary risk. en-us Sat, 15 Mar 2025 12:57:14 +0530 Tue, 18 Mar 2025 07:40:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=119726 The bank may recover funds erroneously credited by debiting the customer account, placing holds and coordinating with other banks to freeze traced balances; CCTV, transaction statements and audio recordings form the core documentary basis for recovery. Delayed written reporting to supervisors creates exposure to internal disciplinary charges for negligence despite the bank ultimately not suffering loss; other banks typically require police reports or court orders before imposing holds. Prompt written escalation and formal legal steps improve recovery prospects and reduce staff disciplinary risk. Discussion-Forum Companies Law Sat, 15 Mar 2025 12:57:14 +0530 https://www.taxtmi.com/forum/issue?id=119726