Ramakrishnan vs Gangadharan Nair and Anr.
Dishonour of Cheque-Discharge of time-barred debt-A cheque issued for discharging a time-barred debt was valid and not bad for want of consideration under s.25 of the Indian Contract Act 1872. Hence, [LexDoc Id : 303232]
Marothi Chits (P) Ltd. vs N. S. Ramakrishnan
Dishonour of Cheque-Subsisting liability-The respondent was liable for prosecution for dishonour of cheque because he was unable to prove that the cheque issued by him was issued as a collate [LexDoc Id : 303227]
UOI and Ors. vs A.M. Overseas and Anr.
Operation of bank account-Grant of permission-The respondent was authorised to withdraw money from his bank account as the order of seizure of the bank account had already been lifted by the High [LexDoc Id : 298111]
Bank of India vs B.C. Mody Exports (P) Ltd. and Anr.
Enforcement of charge-Substantial material-The petitioner-bank was justified in debiting the borrower’s Cash Credit account after the bills presented for payment were dishonored. The defendant’ [LexDoc Id : 326177]
Anil Nandkishor Tibrewala and Anr. vs Jammu and Kashmir Bank Ltd. and Ors.
Debt Recovery Tribunal-Application by a party not having locus standi-The Debt Recovery Tribunal (DRT) was required to consider an application of a person who was affected by any of its order. Thus, an application of an [LexDoc Id : 302810]
HC (Bombay)
2006
Tolaram Budhia and Ors. vs Indian Bank
Recovery of Loan-Service of summons-The revision petition filed to set aside the recovery proceedings initiated before the DRT was dismissed. The petitioners could not contend that summo [LexDoc Id : 303226]