Loan repaid in 2003, but bank lost the property papers; Bombay HC orders it to pay Rs 5,000 per day from December 2023 until title records are reconstructed
The loan goes back several decades. The loan was taken in 1979 and it was fully repaid in 2003. Your bank loses your original property papers that were kept with it as security for loan. What happens then? A new Bombay High Court verdict in this regard holds significance.In the case of In Vogue Creations…