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1965 Supreme(AP) 116

GOPALRAO EKBOLE
ACHANTA SUBBARAJU – Appellant
Versus
CH. SURYANARAYANA MURTY – Respondent


GOPAL RAO EKBOTE, J.

( 1 ) THESE seventeen Revision Petitions arise out of common judgment given by the District Munsif, Razole on 30th January, 1962 whereby he dismissed seventeen suits filed by the plaintiff on the foot of promissory notes as holder in due course. The essential facts in order to appreciate the contentions raised before me may briefly be stated : sri Anantha Lakshmi Commercial Syndicate (hereinafter called the Svndicate) is a registered firm under the Indian Partnership Act. It was constituted solely for the purpose of running a chit fund business. There are two partners of the said firm one S. Trimurty and the other Bapanayya. It was alleged that on 8-11-58 the firm was dissolved. Bapanayya left the firm entrusting the whole business to S. Tnmurty. On that date, he endorsed the suit promissory notes in favour of S. Tnmurty. S. Trimurty thereafter endorsed all these promissory notes in favour of the plaintiff. The plaintiff therefore styling himself as holder in due course instituted the present suits on the foot of those promissory notes against several defendants for recovery of the amount due on those promissory notes together with interst thereon.

( 2 ) THE wri






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