One of my friend, during his vacation in India, was contacted by one ICICI agent to open one NRE bank account in 2005 and that agent had received 300$ towards initial deposit. The account was not opened by that agent and when my friend had come to India in 2006, my friend charged that ICICI agent and he deposited that 300$ and the account was made functional and the very first day of its function, my friend had withdrawn the 300$ through ATM. In 2007, when he came to India, he was interested to start operating that account but to his surprise, he was told by the bank that his signature is not matching with the bank record and it was revealed that some completely third person's signature was registered in place of my friend's signature in the record of the bank. He was told by the bank to give an application to change the signature and subsequently he gave one application but for giving one application it is necessary that at first my friend should put his new signature and then to put his old signature below of the new signature to confirm his old signature.As the signature which was in record of ICICI bank was not the signature of my friend so it was not possible for my friend to put the old signature and bank had ultimately changed the old signature without this formality. Can my friend claim compensation from bank for this harrassment??
My friend had signed two cheques just to verify whether his signature was uptodated or not in the system of bank but those cheques were somehow received by one fraud who has issued 138 N.I notice. What could be done?
My friend had never used that account for cheque transanction.