'A' gave some cash and cheques to his friend 'B' who was an employee of the State Bank of India, to deposit the same in the Bank in the account of 'A'. 'B' misappropriated the amount. If 'A', 'B' misappropriated the amount. If 'A' sues the Bank for damages, then the Bank is:
'A' gave some cash and cheques to his friend 'B' who was an employee of the State Bank of India, to deposit the same in the Bank in the account of 'A'. 'B' misappropriated the amount. If 'A', 'B' misappropriated the amount. If 'A' sues the Bank for damages, then the Bank is: Correct Answer Not liable because while committing the fraud, he was not acting as the agent or employee of the Bank
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Feb 20, 2025