The complainant, Inderpal Singh, proprietor of Jasbir Trading Company at New Grain Market, said a fabric-dealing firm had issued him a cheque for ₹6.05 lakh towards an outstanding payment
Ludhiana's District Consumer Disputes Redressal Commission has ordered a private bank to pay compensation of Rs 50,000 to a businessman in a cheque loss case. The Commission considered it negligence on the part of the bank officials for not returning the original cheque of Rs 6.05 lakh that had bounced. The Commission said that due to this, the businessman had difficulty in taking legal action against the cheque issuer and he had to face mental …