R. SAKTHIVEL
K. Selvaraj – Appellant
Versus
V. Thangavelu – Respondent
JUDGMENT :
R. Sakthivel, J.
PRAYER: Second Appeal filed under Section 100 of the Code of Civil Procedure, 1908, praying to set aside the Judgment and Decree dated February 17, 2020 made in A.S.No.25 of 2016 on the file of the Additional District Judge, Namakkal District confirming the Judgment and Decree dated November 4, 2015 made in O.S.No.40 of 2011 on the file of Subordinate Court, Namakkal District.
This Second Appeal has been filed praying to set aside the Judgment and Decree dated February 17, 2020, made in A.S.No.25 of 2016 on the file of the ‘Additional District Judge, Namakkal District’ (henceforth 'First Appellate Court'), whereby the Judgment and Decree dated November 4, 2015 made in O.S.No.40 of 2011 on the file of ‘Subordinate Court, Namakkal District’ (henceforth 'Trial Court') was confirmed.
2. The defendant who was unsuccessful before the Trial Court as well as the First Appellate Court has preferred this Second Appeal. For the sake of convenience, hereinafter, the parties herein will be denoted as per their array in the Original Suit.
Plaintiff's Case
3. The case of the plaintiff is that on August 11, 2008 the defendant borrowed a sum of Rs.1,50,000/- (Rupees One Lakh F
The mere admission of a signature on a Promissory Note does not invoke the presumption under Section 118 of the Negotiable Instruments Act without proof of execution and passing of consideration.
The burden of proof lies with the Plaintiff to establish the execution and validity of the promissory note, and the Court can compare signatures to determine authenticity.
The presumption under Section 118 of the Negotiable Instruments Act arises when execution of a promissory note is established, placing the burden on the defendant to disprove the transaction.
The presumption of execution in promissory notes under the Negotiable Instruments Act outweighs claims of fabrication by the defendant without substantial evidence.
The court confirmed that once a plaintiff establishes the execution of a promissory note, the burden shifts to the defendant to disprove its validity; failure to do so upholds the note's legal presum....
(1) Once signature in promissory note is admitted, presumption would go to support execution of Pronote.(2) Stamp paper purchased by or for use of a person, can be used by that person or his legal re....
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