Loan repaid in 2003, but bank lost property papers; court orders Rs 5,000 per day payout

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Loan repaid in 2003, but bank lost property papers; court orders Rs 5,000 per day payout

September 7, 2026

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The bank acknowledged that it could not trace the original documents for either property. However, the bank argued that the firm had not asked for their return immediately after repaying the loan. The bank has been ordered to pay compensation.

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