Bank Liable For Employee Oversight

The Commission concluded that bank officials had evidently been negligent in failing to compare the signature prior to making payment, notes Jehangir B Gai. Illustration: Dominic Xavier/Rediff.com......

Banks Bound To Honour Bearer Cheque

The National Commission held that any individual possessing a bearer instrument is legally entitled to encash it, and the bank is bound to honour such an instrument when it is presented for......

Excess provident fund money has to be returned

Otherwise, EPFO can freeze your account. But seek detailed calculation to verify the numbers Employees are always advised to try and not dip into their provident fund (PF) corpus because it is the......

Flat possession delayed? Claim for damages

You may claim damages for alternative accommodation and interest on the payment made. Buying a home is a big decision. Most invest their hard-earned money into buying a house. But what if we don't......