M/S Mahathru Technologies vs M/S Creative Infotech on 16 April, 2025
KABC010013772025
IN
been dishonored for the reason payment stopped by
drawer. The cheque has been dishonoured for the reason payment
stopped by drawer. The said cheque having ... what reason
the stop payment instruction was issued. The accused- DW1 has
admitted in the cross-examination that the said stop payment
instruction has been
fraud and the
payments against 19 demand drafts for a total amount of
Rs.1,61,44,000/- were stopped.
3. During the investigation ... fraud and the resultant payment
against 19 demand drafts amounting to Rs. 1,61,44,000/- was
stopped. On this date, there was a balance
Bank which cleared the draft.
8. On merits also, a similar stand was taken. The factual aspect of
the draft etc. having been presented ... averred that after it came to notice that the
draft was forged, further payment was stopped.
9. As regards arbitration, it was averred that since
When the demand draft issued by Accused
No.1 was presented for realization, the bank issued an
endorsement stating "stop payment."
4. Heard ... against Accused No.2. Admittedly, the
demand draft was issued by Accused No.1, and the stop
payment was made by Accused
cases where the cancellation of a misplaced or a lost demand
draft involves a high amount, the petitioner is required to submit a Request
letter ... every right to request the
bank to stop payment. In view of the stop-payment request and the deposit of
the amount into his account
cases where the cancellation of a misplaced or a lost demand
draft involves a high amount, the petitioner is required to submit a Request
letter ... every right to request the
bank to stop payment. In view of the stop-payment request and the deposit of
the amount into his account
G.Nataraju And Ors vs Tilak Raj Chawla And Ors on 24 April, 2025
1
Tilak Raj Chawla Anr vs Gudiyattam Nataraju on 24 April, 2025
1
Suit No. 16178
ICICI and HDFC bank for clearance. He got
stopped the payment of those cheques and bak draft. The draft was got
encashed. He had informed ... sent to ICICI Bank for clearance. Consequently, he stopped the
payment of the said cheques and draft.
46. The prosecution has also examined