To get approval, Jack was asked to get a document from the US authorities certifying he was not married. This was a clever bureaucratic ploy for rejecting his application. Getting the US authorities to certify a negative fact that Jack was not married-was an impossible task.
I recalled this story while reading a Mumbai High Court decision requiring a bank to refund ₹77 lakh that had been debited from a company called PSAPL's bank account without authorisation.
On October 2, 2022, PSAPL received 13 SMS messages notifying it of the transfer of 77 lakh from its account to unknown parties. The beneficiaries were not known to PSAPL and it had not added them as beneficiaries. Aside from the SMS alerts, it had received no other communication from the bank.
Bu hikaye Business Standard dergisinin July 01, 2024 sayısından alınmıştır.
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Bu hikaye Business Standard dergisinin July 01, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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