Supreme Court of India
Pradeep Kumar and Another v. Post Master General and Others
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 decision in Raghavji case does not lay down correct law.
Judgment, page 19
From the headnote
Negotiable Instruments Act, 1881: ss. 4, 78, 82 – Kisan Vikas Patra Rules, 1988 – rr. 14, 15, 19 Government Savings Cer tificate Act, 1959 s. 12 – Kisan Vikas Patras – Discharge of c ertificate – Appellants during the years 1995 and 1996 purchased Kisan Vik as Patras-‘KVPs’ in joint names from various post offices, of combined face value on maturity Rs. 32.60 lacs – However, the KVPs were encashed by one service agent allegedly acting on b ehalf of appellants at a different post offices before the matu rity date at a lower value after the stipulated/lock-in period of holdin g – Sum of Rs.
Authorities it was built on
- 1990 U. Ponnappa Moothan Sons, Palghat v. Catholic Syrian Bank Ltd. and Others
- 1989 Indian Overseas Bank v. Industrial Chain Concern
- 2004 The Kerala State Co-operative Marketing Federation v. State Bank of India and Ors.
- 1987 Canara Bank v. Canara Sales Corporation & Ors
- 1978 State Bank of India v. Shyama Devi
Where later benches applied it
Of those, 1 referred to
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