SupremeToday Landscape Ad
Back
Next
Judicial Analysis Court Copy Headnote Facts Arguments Court observation
Listen Audio Icon Pause Audio Icon
judgment-img

1937 Supreme(Mad) 425

PANDRANG ROW
Madras Automobiles – Appellant
Versus
Modern Bank Ltd. – Respondent


JUDGMENT

Pandrang Row, J.

1. The only point raised in this appeal is whether the respondent in this appeal, i.e. the Modern Bank Ltd., Coimbatore, was a bona fide pledge of a certain motor car belonging to the appellant. The appeal arises out of a suit instituted by the appellant against the bank as defendant 2 and against one Ramaswami Iyer as defendant I to recover either the car and the difference between the original price of the car and its present value or, in the alternative, the value of the car with interest. Defendant 2 was imp leaded because the car was pledged by defendant 1 with defendant 2 bank in December 1928, for a sum of Rs. 2200 odd. The suit was resisted on several grounds by defendant 1 but it is unnecessary to refer to his contentions, because there is no appeal by him from the decree passed against him. The present appeal by the plaintiff is from the decree dismissing the suit as against defendant 2. The main point on which defendant 2 succeeded was that defendant 2 acted in good faith in taking a pledge of the car in question. That contention was upheld by the learned Subordinate Judge, who tried the case and heard the witnesses and the claim as against defend





Click Here to Read the rest of this document
1
2
3
4
5
6
7
8
9
10
11
SupremeToday Portrait Ad
supreme today icon
logo-black

An indispensable Tool for Legal Professionals, Endorsed by Various High Court and Judicial Officers

Please visit our Training & Support
Center or Contact Us for assistance

qr

Scan Me!

India’s Legal research and Law Firm App, Download now!

For Daily Legal Updates, Join us on :

whatsapp-icon telegram-icon
whatsapp-icon Back to top