Supreme Court of India

S. Chattanatha Karayalar v. The Central Bank of India and Others

Neutral citation
Reported as [1965] 3 S.C.R. 318
Bench P. B. Gajendragadkar, Raghubar Dayal and V. Ramaswami JJ.
Decided 9 March 1965

INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.

From the headnote

Promissory Note, Letter of continuity and Hypothecation Agree­ ment-Interpretation of-Liability if as surety of co-obligant. On the basis of a promissory note and a letter of continuity executed by the appellant and respondent Nos. 2 and 3 and a hypo­ thecation agreement executed by the respondent No. 2, the res­ pondent No. I-bank opened on overdraft account. in the name ·of respondent 2. In the promissory note, the appellant and respondent Nos. 2 and 3 had "jointly and severally promised to pay" the bank or order; in the letter of continuity sent along with promissory note to the bank, the

Authorities it was built on

Sign in free to read it

  • The full judgment, page by page, as published in the Supreme Court Reports
  • Every bench that relied on it, and every bench that argued against it
  • Search every reported judgment, by party, citation or question
  • Download the PDF, copy pinpoint citations ready for a filing
Sign in to read - for free

An email address, no password.