demand draft and asked
the bank to stop the payment of the demand draft. Accordingly, the
defendant bank stopped the payment of the demand draft ... stated that he had
requested the defendant bank to stop payment of the demand
draft Mark PW1/A.
• Once the demand draft Mark
owner of 1100 sq
yards only and the payment of the draft was stopped. It is stated that
the petitioner has violated the terms ... ploy got a compromise and
later himself stopped payment of demand draft of
Rs.2,18,57,000/-;
(g) Needless to say as on today
Closed' and Sl.No.29 i.e.,
'Draft reported lost /stolen and payment stopped' are
rounded off and in front
cheques deposited subsequently bounced due to the
applicants' instructions to stop the payment, which,
according to Mr. Sahjani, clearly demonstrates the
applicants' intention ... some through demand draft, and some through
cheques. Upon depositing such a cheque, the applicants
instructed the bank to stop the payment of the cheque
petitioner no.2 shall
have or reserve his right to stop payment of said draft. It is
further asserted that the allegations made
were found forged and requested to mark lien
and immediately stop payment of above drafts which were paid
on 13.2.2008. On reconciliation it was found ... Draft as issued by Bhiringamore Branch the said
was communicated to the I.C.I.C.I. Bank for creating lien and
stop payment
Registrar’s Office. However, the respondent insisted on payment
either in cash or by demand draft. Therefore, the registration
could not be made in favour ... cash or by demand draft. If the amount is paid through
1
demand draft, the petitioner shall not issue ‘Stop Payment’
Instruction thereafter
four months by way of Demand draft and cheque to
the complainant thereafter the accused stopped payment of
rents. Further the complainant had requested ... months by way of
demand draft and cheque to the complaint. Thereafter the
accused stopped paying the rents and the complainant sent
legal notice dated
RASTOGI PAGE NO. 2 OF 24
the plaintiff that she had stopped payment of the said
cheque on false and frivolous grounds concocted ... when the first draft was found
to be insufficient that the banker of the defendant was
given instruction of "stop payment" of cheque
refer to drawer, (ii)
exceeds arrangements, and (iii) instruction for stop
payment and like other usual endorsement, it amounts
to dishonour within the meaning ... overall amount
including interest and compensation towards the
cheque for which stop-payment instructions had been
issued. If the same is not acceptable
