Friday, May 27, 2011

Legal News headlines

1. The RBI today notified the banks to re credit the customers account within seven working days from the day of receipt of complaint relating to failed ATM transaction. The compensation amount will be Rs 100 per day from the failure of transaction.

2. South Korean court sentenced four Somali pirates for hijacking Korean ship. All those men were accused of hijacking, maritime robbery and six other crimes.

3.  Egypt housing minister was sentenced to five years jail term for illegal land deals and illegal way of accusation of land deal.

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