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1 - 3 of 3 (0.26 seconds)Canara Bank vs Canara Sales Corporation & Ors on 22 April, 1987
In Canara Bank case (supra) the Apex Court held: -
Bihta Co-Operative Development Cane ... vs The Bank Of Bihar & Ors on 12 October, 1966
RFA Nos.401, 399, 402, 404 &
406 of 2015
2025:KER:41684
-: 11 :-
In Canara Bank case (supra), the Apex Court had referred to
its earlier judgment in Bihta Co-operative Development Cane marketing
Union Ltd. & Ors. v. The Bank of Bihar & Ors. (AIR 1967 SC 389) wherein, the
negligence of the customer was set up as a defence by
the Banker. Therein it was held,
"If the signatures on the cheque or at least one of the signatures are or is not
genuine, there is no mandate on the bank to pay and the question of any
negligence on the part of the customer, such as leaving the cheque book
carelessly so that a third party could easily get hold of it would afford no
defence to the bank".
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