1. American Express Banking Corp. vs Sh. Kuldip Singh on 28 September, 2010
In support
of his contention, the learned counsel for the appellants/OPs has referred to
the case of I.J.S. Ahluwalia Vs. American
Express Travel Related Services, 2004 (1) C.P.C 143. In that case, the
petitioner had claimed Rs.65,40,000/- from the respondents alleging that Madina
Exchange Company, Hongkong had paid him US $ 49,500 on the instructions of his
client with which he had purchased the travelers cheques. When he came to Bangkok, he lost the
travelers cheques. In this manner, neither the travelers
cheques were purchased in India
nor those were lost in India.