Corporate Law News Banks Cannot Recover From Customers The Amount Lost By Them Through Online Fraud : Kerala HC October 17, 2019 by Legal India Admin | Leave a Comment Exercising their authority as per SARFAESI Act, banks cannot recover amount lost due to online fraud from customers. Instead they would need to take the matter to the civil court to get their dues back from the persons responsible, the court said. In accordance with SARFAESI Act, a bank does not need to approach a […] Read more ยป Online Fraud