respondent No.3 issued "stop payment" advice to the appellant bank. Even after receiving the stop payment advice, the appellant bank paid ... stop payment" advice i.e. the payment was made ignoring "stop payment" advice. Secondly, the appellant bank released the payment
stop payment to ensure that there is no
double payment of the amount and also to confirm that no payment
against earlier Bank Draft ... duplicate Bank Draft
will obligatorily involve requirements such as no payment has been made
against the first Bank Draft, stop payment order to the Bank
favour of a third-party,
has any right to stop payment of the Demand Draft and if so, at what
stage
Divorce, the husband will have the right
to either stop the payment of Demand Draft or to recover the said
amount and in case
said
drafts were wrongly dishonoured and returned unpaid twice on 03.05.2016
and 07.05.2016 respectively due to the reason that "payments had been
stopped ... replied to the plaintiff stating they had "stopped payment" of the said
two drafts primarily at the request of Tiger Breweries Industries
issued two
cheques of Rs.16 Lakh each together with a demand draft bearing
No.034738 dated 24th July ... complainant intimated the banker with request to stop
payment and as a result thereof the relevant demand draft was
cancelled. The revisionist subsequently, offered
agreed, the respondent
has kept ready the demand draft of Rs.10 lakhs dated
04.02.2019 for payment to the appellant.
Record shows that even ... appellant, however, as
the demand draft is prepared, payment of all the cheques
have been stopped. Copy of said demand draft drawn in
favour
withdrawn; and, after action
was taken to stop release of payment, the
Bank has issued a demand draft in favour of
the Bal Vikas Pariyojna
payment of cash for the purchase of land was as a
stop gap arrangement and subsequently payments would be made by
demand drafts ... Shri Sachin C. Gandhi, had also accepted the
payment of cash to be a stop gap arrangement and refundable on
receipt of the agreed amount
receipt of submission of this draft of Rs. 13.20 lacs nor the receipt of
the earlier draft of Rs. 6.50 lacs.
IX) Plaintiff ... hear this. Plaintiff immediately rushed to her bank to
stop payment of the aforesaid two drafts of Rs. 6.50 lacs and Rs. 13.20
lacs
