Bank not a trustee of money deposited by Customers; Supreme Court holds the relationship between customer and Bank is one of a creditor and a debtor and not of a trustee | SCC Blog–scconline.com

Clipped from: https://www.scconline.com/blog/post/2021/12/22/bank-not-a-trustee-of-money-deposited-by-customers-supreme-court-holds-the-relationship-between-customer-and-bank-is-one-of-a-creditor-and-a-debtor-and-not-of-a-trustee/ Supreme Court: The 3-Judge Bench of N.V. Ramana, CJ., Surya Kant* and Hima Kohli, JJ., held that the Bank is not the trustee of the money