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[Cites 15, Cited by 0]

Bombay High Court

Narayan Namdeo Mahanwar vs Santram Narayan Adgale on 18 February, 2020

Author: V. K. Jadhav

Bench: V. K. Jadhav

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          IN THE HIGH COURT OF JUDICATURE AT BOMBAY
                    BENCH AT AURANGABAD

                  905 WRIT PETITION NO.6493 OF 2007

 . Narayan S/o Namdeo Mahanwar

                                                     ... Petitioner
                                                     (Orig. Defendant)
                           Versus

 . Santram S/o Narayan Adgale                        ... Respondent
                                                     (Orig. Plaintiff)

                                ...
 Mr. V.M. Humbe, Advocate for the Petitioner
 Mr. Mukul Kulkarni, Advocate for the Respondent
                                ...
                                CORAM : V. K. JADHAV, J.
                                DATED : 18 th February, 2020

 PER COURT :-

 1.               Heard both the sides.


 2.               The present petition is directed against the order

 dated 28.02.2007 below Exhibit-27 and the order dated

 28.06.2007 below Exhibit-33 passed by the Civil Judge, Junior

 Division, Bhoom in Regular Civil Suit No.335 of 2002. The

 petitioner is an original defendant. The respondent/ original

 plaintiff has instituted the Regular Civil Suit No.335 of 2002

 before the Court of Civil Judge, Junior Division, Bhoom against

 the petitioner/defendant for recovery of Rs.25000/- with

 interest @ 18% per annum. It has been pleaded by the

 respondent/plaintiff that in the month of March 2000, the

 petitioner/defendant was in need of Rs.25000/- for the




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 marriage of his son and as such taken a hand loan of

 Rs.25000/- from the respondent/plaintiff by executing a

 promissory             note       on      stamp     paper.           Since           the

 petitioner/defendant failed to return the said amount, the suit

 for recovery has been instituted. The petitioner/defendant has

 strongly resisted the suit by filing his written statement. The

 petitioner/defendant has denied almost all the contents and

 the allegations. It has also been contended that the said

 document is not promissory note and as such, liable to be

 impounded                with         penalty.    According             to           the

 petitioner/defendant, the alleged document is on a bond paper

 of Rs.100 dated 28.03.2000 and the said document has been

 prepared         by      the    respondent/plaintiff     showing          it    as     a

 promissory          note.       The    petitioner/defendant       has      filed     an

 application (Exhibit-27) for impounding of the document. It

 has been contended in the application (Exhibit-27) that the

 disputed document is not a promissory note and the same is a

 bond, which is insufficiently stamped. The respondent/plaintiff

 has resisted the said application by filing his Say. According to

 the respondent/plaintiff, the said document is a promissory

 note in terms of the provisions of the Negotiable Instruments

 Act, 1881 (hereinafter referred to as 'N.I. Act') and the same is

 not impoundable one as it does not establish any regal right in

 respect of any immovable property. By the impugned order



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 dated 28.02.2007 below Exhibit-27 in Regular Civil Suit

 No.335 of 2008, the learned Judge of the trial Court has

 rejected           the        said    application.         Thereafter,              the

 petitioner/defendant has filed the application at Exhibit-33 to

 review the order passed below Exhibit-27. By the impugned

 order dated 28.06.2007, the trial Court has rejected the said

 application. Hence this writ petition.


 3.               Learned       counsel      for   the    petitioner/defendant

 submits that the document though styled as promissory note,

 it is duly attested by witnesses and executant obliging himself

 to repay the amount within stipulated time. Thus, said

 document essentially to be a money bond and not a

 promissory note. The trial Court should have given directions

 for the purpose of impounding the same in terms of Section 33

 of the Bombay Stamp Act, 1958. Learned counsel submits that

 as per disputed document, it creates an obligation in itself with

 an express promise for payment of the amount, and as such in

 terms of Section 2 (c) (ii) of the Maharashtra Stamp Act, 1958,

 the document will have to be treated as a bond. Learned

 counsel        submits        that   the     document      has      fulfilled       the

 requirement of a bond.


 4.               Learned counsel for the petitioner/defendant in

 order to substantiate his contention placed reliance on the



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 following cases;


        (I)     Tulsa Singh and Others Vs. The Board of Revenue, U.P.
        reported in AIR 1971 Allahabad 430 (V 58 C 114)


        (II)    M/s. Patel Stone Trading Co. Nagpur Vs. Ramsingh
        reported in AIR 1975 Bombay 79


        (III)   K. Mallaya Lachmayya Gop Vs. Prabhakarrao Marotrao
        Dhote reported in AIR 1976 Bombay 234


 5.               Learned      counsel     for   the     respondent/plaintiff

 submits that in terms of provisions of Section 4 of N.I. Act, the

 disputed document is essentially a promissory note, as the

 petitioner/defendant has given unconditional undertaking in

 the promissory note to pay the sum of certain money to the

 bearer of the instrument and the petitioner/defendant has also

 signed on it. Learned counsel submits that as these four

 conditions are present, the disputed document is essentially a

 promissory note. Learned counsel submits that in order to find

 out whether the document in question is a promissory note or

 not, the intention of the parties at the time of execution of the

 document is to be looked into. There is a promise to pay and

 that is the substance of the instrument. There is an express

 undertaking to pay the amount mentioned in the said

 document. Learned counsel submits that in terms of the

 provisions of Section 3 of the Indian Stamp Act, 1899, the



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 promissory note is not chargeable with any duty. Therefore,

 the trial Court has correctly rejected the applications Exhibit-

 27 and Exhibit-33. There is no substance in this writ petition

 and the writ petition is liable to be dismissed.



 6.                 Learned counsel for the respondent/plaintiff in

 order to substantiate his contention placed reliance on;


       (I)         Mohanlal S/o Nathulal Khirayyah Vs. Haji Shaikh Bashir S/
       o Shaikh Mastan reported in (2008) 3 AIR Bom R 27


 7.                 In terms of the provisions of Section 2 (c) (ii) of the

 Maharashtra Stamp Act, 1958, the petitioner/defendant claims

 that the disputed document is a money bond and the same is

 chargeable with duty. According to the petitioner/defendant,

 the instrument not duly stamped is inadmissible in evidence

 and in terms of Section 34 of the Maharashtra Stamp Act,

 1958, the instruments needs to be impounded with penalty as

 provided under Section 34 of the Act. The respondent/plaintiff

 however claims that the disputed document is a promissory

 note not chargeable with duty.



 8.                 Section 4 of the N.I. Act defines a promissory note

 and the same is reproduced herein below;

             "4.      A promissory note is an instrument in writing (not
             being a bank-note or a currency-note) containing an


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            unconditional undertaking, signed by the maker, to pay a
            certain sum of money only to, or to the order of, a certain
            person, or to the bearer of the instrument."



 9.               The definition of promissory note in Section 2 (22)

 of the Maharashtra Stamp Act, 1899 is more comprehensive

 and in addition to the promissory note as defined in the N.I.

 Act, it includes a note promising the payment of any sum of

 money out of any particular fund which may or may not be

 available, or upon any condition or contingency which may or

 may not be performed or happen;



 10.              It is well settled that before document can be

 treated as a promissory note, it is necessary that there should

 be;

                   (i) An unconditional undertaking to pay;
                   (ii) The sum should be a sum of money and should be
                   certain;
                   (iii) The payment should be to or to the order of person
                   who is certain, or to the bearer, of the instruments;
                   (iv) And the maker should sign it;



 11.      This essential feature of promissory note is an express

 unconditional promise to pay. It is equally true that all the

 documents containing an undertaking to pay the amount

 mentioned therein unconditionally are not promissory notes

 and to make it such a document, it must be some substantially

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 consist of a promise to pay a defined sum and must not be

 something else. Another basic tests of a promissory note is

 that the payee or bearer must be certain. In the instant case,

 all the conditions as discussed above are satisfied and the

 disputed document/instrument is essentially a promissory

 note.


 12.                The said document which is executed in Marathi at

 Exhibit-C (Page No.22) of the petition, which is re-produced as

 follows:-

  ,d lkS :i;s                                                           Rs. 100


                                          Hkkjr ljdkj

                                           vk'oklu i=

  fygwu ns.kkj                    %        ukjk;.k ukenso egkuoj
                                           o; 38 o"kZ /kank 'ksrh] jk- nq/kksMh]
                                           rk- Hkqe ft- mLekukckn-

  fygwu ?ks.kkj                   %        larjke ukjk;u vkMxGs
                                           o; 35 o"kZ O;olk; foV HkV~Vh]
                                           jk- fpapksyh rk- Hkqe ft- mLekukckn-



           vkt jkst QkYxqu d`-8 'kds 1921 eaxGokj fn- 22@3@2000 jksth
  dkjus vk'oklu i= fygwu nsrks ,slk th dh] eyk ekÖ;k eqykaps yXuklkBh o
  brj izkiaphd [kktxh ns.;klkBh iS'kkph xjt iMY;keqGs eh fygwu ?ks.kkj larjke
  ukjk;.k vjMxGs ;kapsdMwu mluokj Eg.kwu fe=Rokps laca/kkus jks[k jDde :i;s
  25]000@& iapsohl gtkj :i;s                 ?ksr vkgs eyk loZ jDde feGkyh vlwu
  R;kcíy ek>h dqByhgh rdzkj ukgh-                   lnjhy jDde eh vkt iklwu vkB
  efg.;kps vkr fn-28@11@2000 P;k vxksnj laiw.kZ jDde eh ijr djhu eh
  rqEgkal rks"khl     ykxw ns.kkj ukgh-     lnjhy vk'oklu i= eh ek>s jkth&ethZus
  dqBykgh nckokyk cGh u iMrk o u'kkik.kh u djrk nksu lk{khnkjk le{k


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  vk'oklu i= fygwu nsr vkgs-

                                                      nLrqj
                                                      iksiV Hkkuqnkl ,Mds
                                                      jk- lkaxoh-

  fnukad % 22@3@2000


         fygwu ns.kkj                                    fygwu ?ks.kkj
                lgh@&                                        lgh@&
        ukjk;.k ukenso egkuoj                         larjke ukjk;u vkMxGs
     jk- nq/kksMh] rk- Hkqe ft- mLekukckn-


           lk{khnkj                                   lgh@&
   Jh- nsohnkl fdlu dkacGs                            lgh@&
    ns'kekus ukoukFk fnxacj                           lgh@&

                                        lR;izr


                                        vWMOgksdsV

 13.              Section 2 (c) of the Maharashtra Stamp Act, 1958

 which defines the term bond is reproduced herein below;


        "(c) "bond" includes,--
         (i) any instrument whereby a person obliges himself to pay
        money to another, on condition that obligation shall be void if
        a specified act is performed, or is not performed, as the case
        may be;
        (ii) any instrument attested by a witness and not payable to
        order or bearer, whereby a person obliges himself to pay
        money to another; and
        (iii) any instrument so attested whereby a person, obliges
        himself to deliver grain or other agricultural produce to
        another;




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 14.              After going through the contents of disputed

 document/instrument, it appears that Section 2 (c) (i) & (iii)

 are not at all attracted and so far as Section 2 (ii) is

 concerned, the same also does not attract. Mere attestation of

 disputed documents/instrument by one or more witnesses is

 not sufficient to consider the disputed document/instrument as

 a money bond when the other conditions of Section 2 (c) (i) &

 (iii) are lacking.



 15.              In a case of M/s. Patel Stone Trading Co. Nagpur

 Vs. Ramsing (Supra) relied upon by the learned counsel for the

 petitioner wherein the plaintiff filed a suit for recovery of the

 amount on the ground that the defendant committed a breach

 of agreement and also for damages for wrongful removal of

 the truck. During the course of evidence, the plaintiff has

 referred a document for which the defendant has raised the

 objection that the document is insufficiently stamped. Learned

 Civil Judge (Senior Division) found that the instrument dated

 21.04.1971 is a bond and should have been executed on a

 stamp paper as per Schedule 1 Article 13 of the Bombay

 Stamp Act. Thus, the said instrument was impounded and the

 plaintiff was directed to deposit certain amount being the

 amount of deficit stamp duty as well as penalty. Against the

 said order, the revision has been preferred before the Bombay




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 High Court, Nagpur Bench. In the facts of the case, it further

 appears that after acknowledging the amount payable, the

 document further directed the mode of payment of the amount

 which was to be adjusted from the truck charges. The

 document further provides that Rs.50 per week were to be

 paid to the defendant for his maintenance and the truck was to

 remain in custody of the plaintiff till the payment was made.

 The document further provides that all other expenses will be

 incurred by the plaintiff about repairs etc. of the truck, which

 will be debited to the account of the defendant. It has been

 contended that the liability as such has not created by the

 document and therefore, it cannot be termed as a bond within

 the meaning of Section 2 (c) of the Bombay Stamp Act and the

 same will have to be construed as an agreement or in the

 alternative        a    security   bond.      In   paragraph        no.7       of    the

 judgment, it is held that there was no pre-existing right or

 liability between the parties and for the first time a liability is

 created by the document whereby the defendant has agreed to

 pay an ascertained sum to the plaintiff and an express promise

 about the repayment was incorporated in the document and

 therefore, the document will have to be termed as a bond as

 defined in Section 2 (c) (ii) of the Bombay Stamp Act. The

 facts of this case are different and it cannot be made

 applicable to the facts and circumstances of the present case.



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 16.              In the case of Tulsa Singh and Others Vs. The

 Board of Revenue, U.P., (Supra) relied upon by the learned

 counsel for the petitioner wherein it is also held that where a

 document (indenture) containing the undertaking to pay the

 purchase money respecting the sale of resin to be removed

 from the forests in consideration of the price, is executed by

 the purchaser and the forest Authorities and is also attested by

 the witnesses, the document on such attestation takes the

 form of a bond and does not remain a mere agreement of sale

 of goods. It is held that if that being so, it is chargeable to

 stamp duty. It appears that the facts are totally different and

 the ratio laid down in the aforesaid case cannot be made

 applicable to the facts and circumstances of the present case.



 17.              In the instant case, in terms of the contents of

 disputed        document/instrument,     there   is    an unconditional

 promise to pay the amount taken. The instrument falls in the

 definition of promissory note. I do not find any fault in the

 order passed by the trial Court except that the trial Court has

 observed that the promissory note is not chargeable with duty.

 Learned counsel appearing for the respondent/plaintiff has

 tried to convince me by referring Section 3 of the Indian

 Stamp Act, 1899. However, the promissory note as defined by

 Section 2 (22) of the Indian Stamp Act, 1899, and Section 4 of


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 N.I. Act requires the stamp duty as per Article 49 of the

 Maharashtra Stamp Act 1958. As per Article 49, the proper

 stamp        duty      is     Rs.100.   In      the   instant     case,       the      said

 instrumental is on 100 rupees bond and as such the requisite

 stamp duty has already been paid.



 18.              In view of the above discussion, I find no substance

 in this writ petition. Hence, I proceed to pass the following

 order:

                                         ORDER

(I) The writ petition is hereby dismissed. (II) The trial Court is hereby directed to dispose of the suit, as expeditiously as possible, preferably within a period of one (1) year from the date of this order. (III) Rule discharged.

(V. K. JADHAV, J.) Sam..

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