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Liability in Insurance Oversight: Canara Bank’s Victory in the Shree Shakti Foam Case

Case Title: Canara Bank Vs. M/S. Shree Shakti Foam  If a bank fails to renew insurance coverage on behalf of its borrower, can it be held accountable? That is the main question at stake in the Canara Bank v. M/S. Shree Shakti Foam case. Asserting that the bank neglected to guarantee adequate insurance coverage, the […]
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