Supreme Court of India

The Kerala State Co-operative Marketing Federation v. State Bank of India and Ors.

Neutral citation
Reported as [2004] 2 S.C.R. 1
Bench S.N. Va Ria Va and H.K. Sema JJ.
Decided 30 January 2004

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.

2 Supreme Court benches have cited this judgment.

From the headnote

Negotiable Instruments Act, 1881-Section 131-Protection under- Customer opening bank account with a meagre amount, thereafter depositing c exact amount for obtain;ng cheque book-Subsequent deposit of cheque qf I· Rs. J lakh and withdrawal of Rs. 50,000-Stop payment instructions received- Thereafter customer not troceahle-Liability of Bank-Banker claiming protection-Held: All the above incidents are part of the same transaction which took place in close proximi(y to each other and the Bank failing to discharge the burden which lay upon it to show that it had acted in goodfaith ! and without

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