Supreme Court · 1963 INSC 21 · Decided 7 February 1963
Bank of Bihar LTD. v. Mahabir Lal & ORS.
- Court
- Supreme Court of India
- Citation
- 1963 INSC 21 · [1964] 1 S.C.R. 842
- Case number
- CIVIL APPEAL No. 340/1960
- Decided
- 7 February 1963
- Bench
- K. SUBBA RAO, RAGHUBAR DAYAL, J.R. MUDHOLKAR (3-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- NI Act Section 85, 118
Headnote
COURT REPORTS [1964) \IOI.. 1963 BANK OF BIHAR LTD. Febnuzr.J, 7. v. MAHABIR LAL & ORS. (K. SuBBA R.t.o, RAOHUBAR DAY.Ar. and J. R. MuonoLKAR, Jj.) lfegoliahle I...trumtnt-Firm ;prmnl• ch•q~ to &nk­ .Amovnl lupl in IM hand8 of Poldar of Bank-If paymtnl lo Ji,.,._Sl!Jltmtnl carried on business under the name and style of M/s.Jogilal Prohhu Chanel. Under a cash credit agreement in favour of the B1har Sharif Branch of the Bank and on the strength of a promissory note executed by the firms. tho firm drew a cheque on the Bank whir,h was pao;scd for payment. ' ·
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