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HSBC Bank ordered to pay bizman Rs 15L for ‘agony’ over cheque dishonour error
![IndiaTimes]()
Saturday, 24 June 2023
Holding that the bank was negligent and there was deficiency in service, the National Consumer Disputes Redressal Commission, in one of the highest payouts awarded in such a case, recently ordered HSBC Bank to pay Rs 15 lakh to a Cuffe Parade businessman and his wife for mental agony, harassment and adverse impact on their reputation on account of dishonour of cheques despite the account having sufficient balance.
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Saturday, 24 June 2023
