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2009 Supreme(Mad) 1769

M.VENUGOPAL
N. Sridhar – Appellant
Versus
Maruthi Jayaraman & Another – Respondent


Advocates Appeared:
For the Appellant :V. Balasubramaniam, Advocate.
For the Respondents:R1, NDW, R2, P.Ranganatha Reddy, Advocate.

Judgment :-

1. The appellant/plaintiff has preferred this appeal against the judgment and decree dated 20.10.2000 made in O.S.No.9100 of 1995 by the learned II Assistant Judge, City Civil Court, Madras, in dismissing the suit claim of Rs.6,06,265/-along with interest at 18% per annum from the date of plaint till date of realisation etc. against the second respondent/second defendant company liability to pay the suit amount.

2. The essential facts of the case are set out below:

(i) The first respondent/first defendant was employed in the secretarial Department of the second respondent/second defendant who had access to the share certificates lodged for transfer. The first respondent/first defendant in the course of his employment stole 350 shares lodged for transfer which came to his Department with the help and connivence of other employees of second respondent/ second defendant and prepared a forged transfer deed attested by a Notary Public Thiru.K.Chandran, a lawyer from Madras and presented them for sale to the appellant/ plaintiff on 13. 1992.

(ii)The appellant/plaintiff is a leading stock and share Broker for more than 40 years and he is a senior member of the Madras Stock Exch





























































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