Consumer court tells bank to pay compensation
LUCKNOW: The district consumer disputes redressal forum has directed a bank to compensate a man for freezing his account and not allowing him to withdraw money for a year. The bank did not give any reason to the man for freezing his account. The bank was asked to pay Rs 33,000 as compensation to the complainant.
The complainant had deposited the compensation received by him out of an agricultural land in his savings account with the Oriental Bank of Commerce. From February 2009, the bank seized the account No 10072151004289 without giving any information and no amount was permitted to be withdrawn from his account. Though the complainant visited the branch several times to know why his account had been seized, he was never given the reason.
The complainant sent a notice to the bank. Later, he also filed a writ petition in the high court, and the court ordered that the bank manager should tell the complainant why had his bank account been seized, and that the complainant should be allowed to withdraw from his account. However, after the bank did not comply with the order, a criminal contempt was filed, and the order said that "the bank account of the complainant be immediately made operative and for the loss occasioned he should move the appropriate forum". The complainant had about Rs 2.57 lakh in his account, yet he couldn't use the money as the account was blocked for a year -- between February 2009 and February 2010. Though the bank accepted that the account of the complainant was seized, it did not give the reason to the consumer forum. The bank allowed the complainant to operate his account only when he filed the criminal contempt.
http://timesofindia.indiatimes.com/city/lucknow/Consumer-court-tells-bank-to-pay-compensation/articleshow/17550892.cms
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