Civil Liability of the Bank Regarding Safe Deposit Boxes: A Case Study of the Robbery at the National Bank Dānishgāh Branch

The provision of safe deposit boxes is one of the services that banks offer to their customers. The bank’s civil liability for any damage to customers’ assets stored in these safes, along with the extent of this liability, has gained significant attention following the robbery incident at the Melli...

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Main Authors: Jafar Zanganeh Shahraki, Seyed Mostafa Milani
Format: Article
Language:fas
Published: Razavi University of Islamic Sciences 2024-12-01
Series:آموزه‌‌های فقه مدني
Subjects:
Online Access:https://cjd.razavi.ac.ir/article_1720_2eff4a0e1ef9f428fff7df0c7f029620.pdf
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author Jafar Zanganeh Shahraki
Seyed Mostafa Milani
author_facet Jafar Zanganeh Shahraki
Seyed Mostafa Milani
author_sort Jafar Zanganeh Shahraki
collection DOAJ
description The provision of safe deposit boxes is one of the services that banks offer to their customers. The bank’s civil liability for any damage to customers’ assets stored in these safes, along with the extent of this liability, has gained significant attention following the robbery incident at the Melli Bank safe deposit box facility on May 24, 2022, in Tehran. This liability can be examined from various perspectives. Firstly, Article 35 of the Banking and Monetary Law of the Country generally holds banks liable for damages arising from banking operations. Secondly, the legal nature of these funds (deposits) is a subject of dispute, and the acceptance of any viewpoint affects the extent of liability. Thirdly, the condition of non-liability (Article 7 of the National Bank’s Leasing Funds Regulations) is the basis on which the contract has been signed by the customers. This article employs a descriptive-analytical approach to assess Bank Melli’s responsibility towards the victims of the robbery incident. The findings reveal that Bank Melli bears legal responsibility for this event, and the non-liability clause outlined in the Fund’s bylaws (regulation or provision) cannot be invoked due to the bank’s gross failure.
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series آموزه‌‌های فقه مدني
spelling doaj-art-29bab9e5fe7c414dbaa8cf77ea5c14362025-08-20T03:32:07ZfasRazavi University of Islamic Sciencesآموزه‌‌های فقه مدني2251-936X2783-36902024-12-0116308911110.30513/cjd.2023.4827.18121720Civil Liability of the Bank Regarding Safe Deposit Boxes: A Case Study of the Robbery at the National Bank Dānishgāh BranchJafar Zanganeh Shahraki0Seyed Mostafa Milani1Assistant Professor, Department of Law, Razavi University of Islamic Sciences, Mashhad, Iran.PhD Student in Private Law, Faculty of Law and Political Science, Tehran University, Tehran, Iran.The provision of safe deposit boxes is one of the services that banks offer to their customers. The bank’s civil liability for any damage to customers’ assets stored in these safes, along with the extent of this liability, has gained significant attention following the robbery incident at the Melli Bank safe deposit box facility on May 24, 2022, in Tehran. This liability can be examined from various perspectives. Firstly, Article 35 of the Banking and Monetary Law of the Country generally holds banks liable for damages arising from banking operations. Secondly, the legal nature of these funds (deposits) is a subject of dispute, and the acceptance of any viewpoint affects the extent of liability. Thirdly, the condition of non-liability (Article 7 of the National Bank’s Leasing Funds Regulations) is the basis on which the contract has been signed by the customers. This article employs a descriptive-analytical approach to assess Bank Melli’s responsibility towards the victims of the robbery incident. The findings reveal that Bank Melli bears legal responsibility for this event, and the non-liability clause outlined in the Fund’s bylaws (regulation or provision) cannot be invoked due to the bank’s gross failure.https://cjd.razavi.ac.ir/article_1720_2eff4a0e1ef9f428fff7df0c7f029620.pdfcivil liability of banktrust fundnon-liability clausegross failure
spellingShingle Jafar Zanganeh Shahraki
Seyed Mostafa Milani
Civil Liability of the Bank Regarding Safe Deposit Boxes: A Case Study of the Robbery at the National Bank Dānishgāh Branch
آموزه‌‌های فقه مدني
civil liability of bank
trust fund
non-liability clause
gross failure
title Civil Liability of the Bank Regarding Safe Deposit Boxes: A Case Study of the Robbery at the National Bank Dānishgāh Branch
title_full Civil Liability of the Bank Regarding Safe Deposit Boxes: A Case Study of the Robbery at the National Bank Dānishgāh Branch
title_fullStr Civil Liability of the Bank Regarding Safe Deposit Boxes: A Case Study of the Robbery at the National Bank Dānishgāh Branch
title_full_unstemmed Civil Liability of the Bank Regarding Safe Deposit Boxes: A Case Study of the Robbery at the National Bank Dānishgāh Branch
title_short Civil Liability of the Bank Regarding Safe Deposit Boxes: A Case Study of the Robbery at the National Bank Dānishgāh Branch
title_sort civil liability of the bank regarding safe deposit boxes a case study of the robbery at the national bank danishgah branch
topic civil liability of bank
trust fund
non-liability clause
gross failure
url https://cjd.razavi.ac.ir/article_1720_2eff4a0e1ef9f428fff7df0c7f029620.pdf
work_keys_str_mv AT jafarzanganehshahraki civilliabilityofthebankregardingsafedepositboxesacasestudyoftherobberyatthenationalbankdanishgahbranch
AT seyedmostafamilani civilliabilityofthebankregardingsafedepositboxesacasestudyoftherobberyatthenationalbankdanishgahbranch