Dr.R.Pavithra v. The Commissioner of Police
Case brief
What is this about?
Petitioner's bank account was hacked via PayTM, losing Rs.3,00,000. The High Court held PayTM liable under RBI guidelines as it failed to resolve the complaint within 90 days and directed RBI to enforce PayTM to compensate the petitioner.
What did the court decide?
RBI directed to issue directions to PayTM to compensate the petitioner for the loss of Rs. 3,00,000 (minus any reversed amount) within two weeks.