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Welcome to TeachMeLegal! In this video, Advocate Prashant explains in simple and detailed language the important topic of Banker and Customer Relationship from Banking Law. 🔎 What you will learn in this lecture: 1️⃣ Meaning & Definition of Banker 2️⃣ Meaning & Definition of Customer 3️⃣ General Relationship between Banker & Customer: • Debtor & Creditor • Trustee & Beneficiary • Agent & Principal • Bailor & Bailee 4️⃣ Special Rights of a Banker: • Right of Lien • Right of Set-off • Right of Appropriation of Payments (Clayton’s Rule) • Right to claim charges & interest 5️⃣ Obligations of a Banker: • Honour of Cheques & Wrongful Dishonour • Vicarious Liability for staff frauds • Garnishee Orders • Secrecy of Customer’s Account • Duty regarding Safe Deposit Vaults • Duty not to close account without consent 📖 Perfect for: ✔️ Law students (LLB, BALLB, LLM) ✔️ CA, CS, CMA students ✔️ Banking exam aspirants ✔️ Anyone interested in Banking Law in India ✍️ This lecture is explained in a simple, clear, and exam-oriented way to help you understand quickly and remember easily. About Me I am Advocate Prashant Jha, practicing lawyer and law educator. My mission is to make legal education simple and accessible for everyone. Notes on Banking Law:- https://rzp.io/rzp/Bankinglaw For Notes, Questions Bank and Revisions Book :- https://linktr.ee/lawyerprashant 📚 Related Resources: 📲 Telegram – Free notes & charts: https://t.me/lawyerprashant 🌐 Website – Full courses, notes & books: teachmelegal.com 📸 Instagram – Daily legal updates: / lawyer_prashant 📧 Email – info@teachmelegal.com WhatsApp: http://wa.me/919472568264 PART V 56. Act to apply to co-operative societies subject to modifications.