Supreme Court · 1992 INSC 336 · Decided 8 December 1992

Bank of Maharashtra v. Automotive Engineering CO.

Court
Supreme Court of India
Citation
1992 INSC 336 · [1992] SUPP. 3 S.C.R. 482
Case number
CIVIL APPEAL No. 1881/1982
Decided
8 December 1992
Bench
B.P. JEEVAN REDDY, G.N. RAY (2-judge bench)
Outcome
Appeal(s) allowed
Case type
Civil
Acts & sections cited
NI Act Section 10, 89, 31

Headnote

Nagotiable Instrnments Act, 1881: Sections 10, 31 and 8'>-l'ayment on forge_d cheque-Liability of Bank-No alteration traceable on visual scrntiny-Signature of the drawer, and other particulars of cheque duly C verified-Whether Bank could be held to be negligent-Whether Bank under obligation to entitled to recovery of amount of cheque from customer. D The respondent firm opened a current account with one of the branches of the appellant-Bank. Another firm also opened an account with another Bank. The said account was represented by its proprietor. The proprietor presented a

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