Supreme Court of India
Canara Bank v. Canara Sales Corporation & Ors
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.
1 Supreme Court bench has cited this judgment.
What the Court ordered
We hold that the .iudment of the High Court and that of the Trial Judge have to be upheld.
Judgment, page 21
From the headnote
Negotiable Instruments Act, 1881-Sections 6, 31, 77, 85 and 117-Bank and customer of the Bank-Relationship between-That of a creditor and debtor-Cheque duly signed by a customer presented Mandate to Bank to pay the amount-Element of trust between Bank and its customer-Exists. Banking Law-Bank and Customer-Entries in pass book and statement of accounts furnished by bank-Customer whether duty bound to intimate discrepancies. The respondent-company had a current account with the lant-bank in its Mangalore Bonder Branch. The Managing Director of the company and the General Manager of a sister
Where later benches applied it
Of those, 1 referred to
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