Supreme Court · 1965 INSC 37 · Decided 16 February 1965

Kesharichand Jaisukhal v. The Shillong Banking Corporation

Court
Supreme Court of India
Citation
1965 INSC 37 · [1965] 3 S.C.R. 110
Case number
CIVIL APPEAL No. 892/1963
Decided
16 February 1965
Bench
RAGHUBAR DAYAL, J.R. MUDHOLKAR, R.S. BACHAWAT, V. RAMASWAMI (4-judge bench)
Outcome
Dismissed
Case type
Civil
Acts & sections cited
Companies Act; Limitation Act

Headnote

Banker and Customer-Nature of relationship between. Indian Limitation Act (9 of 1908), Art. 81>--Mutual dealings bet­ ween Banker and Customer-If article applicable. The appellant had a combined overdraft and deposit account, C also described as a mutual open and current account, with the respondent credited two chegues to the appellant's account one for Rs. 8,200 and the other for Rs. 600 and sent them for· collection to the Shillong branch of the Bharati Central Bank, on which they were drawn. Instead of obtaining cash from that Bank, the respondent accepted a cheque on

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