mentioned in his letter that
seven drafts as mentioned therein have been paid by their
branch and five drafts of the similar nature have been ... that these drafts are purported to
have been issued from the Lost demand draft books of their
Hazrat Ganj Branch, Lucknow, UP and has also
clear the demand draft he verify the
signatures on the demand draft and only then he cleared the demand drafts for
payment?
Ans. Yes.
Question ... rules the demand drafts were counted everyday and register was maintained
about issuance of demand drafts. If these demand drafts were lost and stolen
said demand draft would be encashed on
presentation. However, on being presented, the said demand draft got
dishonoured with remarks "DD Lost/ Cancelled ... presented,
was dishonoured with remarks "DD Lost/ Cancelled & DD Lost". The said
dishonoured demand draft (Ex.PW1/12) was received unpaid
with the demand draft. On 20.08.2019,
the Shree Fort Institute of Management told the plaintiff that the
demand draft has been lost and other documents ... defendant bank to stop payment of the demand
draft Mark PW1/A.
• Once the demand draft Mark PW1/A was made in favour
signed by
both the parties.
Vide an email order........... Those demand drafts have since
lost their life, Ld. Counsel for the respondent shall get fresh
been mentioned by the
plaintiffs that in case, the demand drafts were lost by the defendant,
then they shall assist the defendant for issuance ... fact, they had offered to get the demand drafts
reissued, in case, the same were lost by the defendant.
CS No. 579004/16 Shalini Keswani
find any
suspicion and under the bonafide belief that the demand draft had been
sent for collection by a nationalized bank i.e. Oriental Bank ... central office of the
plaintiff bank amongst the lost/stolen demand drafts and the plaintiff bank
immediately approached the defendant No.4 and apprised them
find any
suspicion and under the bonafide belief that the demand draft had been
sent for collection by a nationalized bank i.e. Oriental Bank ... central office of the
plaintiff bank amongst the lost/stolen demand drafts and the plaintiff bank
immediately approached the defendant No.4 and apprised them
Draft of Rs. 2.45 crore for encashment? The prosecution
case was that the said demand draft of Rs. 2.45 crore was
reported lost by somebody ... remember anything about any lost
draft, a presumption arises that no such draft was ever
lost, as misplacement of a draft of such high value
demand draft in question to the plaintiff
is merely a fabrication and a ruse put to avoid their liability. It is
averred that demand draft ... been issued by the defendant bank that 50 demand
draft forms having been lost and missing from their branch. It
is averred that the defendant