Supreme Court of India

Standard Chartered Bank Ltd. v. Dr. B.N. Raman

Neutral citation
Reported as [2006] SUPP. 3 S.C.R. 558
Bench Arijit Pasayat and S.H. Kapadia JJ.
Decided 14 July 2006

INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.

1 Supreme Court bench has cited this judgment.

From the headnote

Consumer Protection Act, 1986-Section 2(1)(d), (g) and (o)-Business transaction between Bank and Customer, a non-resident lndian-Deposit by c Customer in Foreign Currency Non-Resident Account-Reinvestment of the matured amount from time to time-On enquiry about status of the amount after 12 years of initial deposit, told by Bank that the amount prematurely withdrawn just after 3 months of initial deposit-Complaint for deficiency in service-Claim for decree of the final matured amount after conversion of foreign currency and interest@ 18% p.a. till realization-State Commission decreeing the

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