What minimal legal options exist for compensation after bank malpractice?

In the recent Lok Adalat, it was proved that an ex-bank manager provided false loan information, manipulated documents, and harassed unrelated relatives. The ex-manager also falsely stopped the loan disbursal. The judge ruled to pay only the disbursed amount due to the bank's malpractice. I am seeking minimal expense legal options for compensation. (Details have been omitted due to line limitations.)

1 Answer
Only verified advocates can give an answer Sign In
Admin
Advocate By LEAD INDIA Answered: 28 Mar 2025

You can file a case against the ex-bank manager for fraudulent practices and misrepresentation. As the judge has ruled that only the disbursed amount should be paid, you may file a civil suit for compensation for the losses caused by the malpractice and seek legal remedies, including filing a complaint with the banking ombudsman. For further legal assistance contact us on our helpline number.
 

24x7 Help

If we fall short of your expectation in any way, let us know

Payment Trust

All refunds come with no questions asked guarantee

Talk to Lawyer

Talk Now