Supreme Court · 1965 INSC 55 · Decided 3 March 1965
The Morvi Mercantile Bank LTD. and ANR. v. Union of India, Through the General Manager, Central Railway, Bombay
- Court
- Supreme Court of India
- Citation
- 1965 INSC 55 · [1965] 3 S.C.R. 254
- Case number
- CIVIL APPEAL No. 474/1962
- Decided
- 3 March 1965
- Bench
- K. SUBBA RAO, RAGHUBAR DAYAL, J.R. MUDHOLKAR, R.S. BACHAWAT, V. RAMASWAMI (5-judge bench)
- Outcome
- Case Partly allowed
- Case type
- Civil
- Acts & sections cited
- Contract Act Section 178, 172, 19A; Transfer of Property Act Section 30, 53; NI Act
Headnote
MERCANTILE BANK LTD. AND ANR. v. 1UNION OF INDIA, THROUGH THE GENERAL MANAGER, CENTRAL RAILWAY, BOMBAY March 3, I 965 [K. SUBBA RAO, RAGHUBAR DAYAL, J. R. MUDHOLKAR, R. S. BACHAWAT AND V. RAMASWAMI, JJ.J Indian Contract Act (9 of 1872), s. 178, Transfer'of Property Act (4 of 1882). ss. 4 and 35,500 to the Railway for delivery in Delhi. The good" were consigned to "self" and the firm endorsed the railway receipts to a Bank against an advance of Rs. 20,0-00 made by the Bank to the firm. The firm also executed a promissory note in favour of the Bank for that amount.
Judgments are the courts' own published copies, provided for study; they are not certified copies. Source: Indian Supreme Court & High Court Judgments, Dattam Labs (CC-BY-4.0)