Court awards Rs 2.5 lakh compensation as bank loses original land title document

A district consumer commission has ordered the Central Bank of India to pay ₹2.5 lakh compensation for losing a crucial land title document deposited as security for a loan. The bank's negligence prevented the property owner from fully exercising her rights, impacting her ability to secure further loans and realize the property's full value.

Court awards Rs 2.5 lakh compensation as bank loses original land title document
A district consumer commission has ordered the Central Bank of India to pay ₹2.5 lakh compensation for losing a crucial land title document deposited as security for a loan. The bank's negligence prevented the property owner from fully exercising her rights, impacting her ability to secure further loans and realize the property's full value.