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Daily Archives: April 23, 2017

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When precisely one becomes a customer of the bank?

DepositsBy Surendra NaikApril 23, 2017

The point in time when one precisely becomes a customer of the bank is extensively debated on and off. The subject of deeming a person as a customer of the bank is important more so to bankers in the following situations. The banker may risk forfeiting immunity provided to him under section 131 of NI…

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