Rosy Kumar

Courts can look into chit fund disputes

by Rosy Kumar |Jan 24, 2011

After the coming into force of the Consumer Protection Act, 1986, several cases of disputes pertaining to chit funds have been brought before consumer courts.

Payment by cheque as good as by cash

by Rosy Kumar |Jan 10, 2011

Payment by cheque is as good as payment in cash, provided it is honoured. Payment by cheque, in fact, dates back to the date on the cheque or to the time when it is given.

Banks liable for fraud by its employees

by Rosy Kumar |Nov 15, 2010

Banks cannot disown their liability to the depositors in the event of their employees committing fraud on the depositors during the course of their employment with the bank.