Supreme Court of India
Rajaram S/o Sriramulu Naidu (since Deceased) through L.rs. v. Maruthachalam (since Deceased) through L.rs
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2 Supreme Court benches have cited this judgment.
What the Court ordered
We are of the considered opinion that the defence raised by the appellant satisfies the standard of “preponderance of probability”. 821.
Judgment, page 12
From the headnote
Money Lending – The appellant’s wife subscribed to chit funds (1992 and 1995) with the respondent for which two signed blank cheques were submitted as security – After maturity of the chit funds, appellant and his wife sought release of the subscription amount – However, respondent presented those cheques for encashment without any intimation to appellant – Said cheques were dishonoured as the appellant had closed the account – Respondent filed two complaint cases u/s 138 of NI Act – Both cases were dismissed by the trial Court – Thereafter, respondent filed suits for recovery of money on the…
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Of those, 1 referred to · 1 mentioned
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