houses or other buildings, goods, money, bank-notes, cheques, bills of exchange, hundis, promissory notes, Government securities, bonds or other securities for money, debts, shares
representative; (b) “application” includes a petition; (c) “bill of exchange” includes a hundi and a cheque; (d) “bond “ includes any instrument whereby a person obliges
CITATOR INFO :
R 1978 SC1393 (6)
ACT:
Document-Hundi-Inadequately stamped--Exhibited--
Admissibility-Objection when to be raised-Courts, if can
revise or review order ... Proviso
(a), 36.
HEADNOTE:
The respondent admitted the execution of two Hundis in suit
which were tendered and marked as exhibits but denied
consideration
Negotiable Instruments Act, 1881 ( 26 of 1881 ), and includes also a hundi, and any other document entitling or purporting to entitle any person, whether named
creditors; (iii) to draw, accept, make and endorse any bill of exchange, hundi or promissory note in the name and on behalf of the company ... with respect to the liability of the company as if the bill, hundi or note had been drawn, accepted, made or endorsed
bills of exchange" (w.e.f. 28.12.1960).] , hundies , promissory notes, endorsements, cheques and orders for money or goods purporting to be signed ... signed, on behalf of the company, any bill of exchange, hundi , promissory note, endorsement, cheque or order for money or goods wherein its name
payment required to be made into the Bank, or any bill, hundies or jother securities required to be delivered into the Bank, under
Negotiable Instruments Act, 1881. Local extent, saving of usages relating to Hundis, etc., Commencement.— It extends to the whole of India but nothing herein contained
paid to creditors from
whom it claimed to have borrowed moneys on hundis. In
January, 1968 the Income Tax Officer issued a notice ... ground that the transactions of loans represented by the
hundis were bogus and no interest was paid by it to any of
the creditors shown
accept, make and endorse any negotiable instruments including cheque, bill of exchange, hundi or promissory note in the name and on behalf of the company