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2025 Supreme(Online)(Cal) 11764

CALCUTTA HIGH COURT
PUNJAB & SIND BANK – Appellant
Versus
M/S. CHAINRUP SAMPATRAM – Respondent


In the High Court at Calcutta Civil Appellate Jurisdiction Appellate Side The Hon’ble Justice Sabyasachi Bhattacharyya And The Hon’ble Justice Uday Kumar F.A. No. 144 of 2017 with CAN 1 of 2016 (Old No. CAN 1198 of 2016)

Punjab & Sind Bank Vs.

M/s. Chainrup Sampatram For the appellants : Ms. Jayati Chowdhury, Ms. Mayuri Ghosh, Ms. Mandobi Chowdhury, Ms. Priya Malakar For the respondent : Mr. Sakya Sen, Mr. Rishabh Karnani, Mr. Pawan Kumar Gupta, Ms. Sofia Nesar, Mr. Santanu Sett Hearing concluded on : 03.04.2025 Judgment on : 09.04.2025 Sabyasachi Bhattacharyya, J.:-

1. The present appeal has been filed by the defendant-Bank against a judgment and decree passed in favour of the plaintiff/respondent declaring that the discounting and/or discharge of the Fixed Deposit Receipt Nos.084574 for Rs.25,00,000/- and 084575 for Rs.5,00,000/- is false, fraudulent, inoperative and not binding upon the plaintiff as well as a decree of Rs.39,67,922/- along with interest pendente lite on the principal sum at the rate of 9% per annum from the date of suit to the date of decree and further interest from the date of decree till realisation at the rate of 6% per annum, with costs.

2. The brief facts of

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