ANNIHILATION OF THE RELATIONSHIP BETWEEN THE BANKER AND CUSTOMER THROUGH THE OPERATION OF LAW

Authors

  • Nishtha Kheria
  • Varun Vikas Srivastav

Keywords:

consequences, contractual, transaction, relationship, deficiency

Abstract

The banker- customer relationship can be easily determined at a particular period which can have a lot of consequences related to the law for both the parties who are in a contractual relationship. It is not important to see the duration of the relationship rather if there is one single transaction then the relationship can arise. It is very essential to state the conditions in which the relationship between the banker and customer will be terminated. This peculiar legal relationship explains the behavior of the bank, in any case, is scrutinized and if there is any kind of deficiency then it can be detected easily. Through this research paper, it will be clear about the various major decisions which are related to the legal remedies which can be provided to the banking customers and the steps which the judicial system is taking for the conceptualization of the relationship between the banker and the Customer.

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Published

2021-05-25

Issue

Section

Articles