FEMA, BANKING amp; INSURANCE : Banks owe a duty of care to exercise due diligence in maintaining and operating lockers or safety deposit systems and they cannot contract out of minimum standard of care in this regard, hence, where appellant locker holder had not committed any fault so far as operation of locker was concerned, breaking open of locker of appellant by bank was in blatant disregard to responsibilities that bank owed to customer as a service providerFEMA, BANKING amp; INSURANCE : Banks owe a duty of care to exercise due diligence in maintaining and operating lockers or safety deposit systems and they cannot contract out of minimum standard of care in this regard, hence, where appellant locker holder had not committed any fault so far as operation of locker was concerned, breaking open of locker of appellant by bank was in blatant disregard to responsibilities that bank owed to customer as a service providerwww.taxmann.com Latest Case LawsRead More
