AFTAB ALAM,RANJANA PRAKASH DESAI
BRITANIA INDUSTRIES LTD. – Appellant
Versus
PUNJAB NATIONAL BANK . – Respondent
Page 1
JUDGMENT
NON-REPORTABLE
IN THE SUPREME COURT OF INDIA
CIVIL APPELLATE JURISDICTION
CIVIL APPEAL NO.7552 OF 2002
Britannia Industries Limited
… Appellant
Versus
Punjab National Bank & Ors.
… Respondents
J U D G M E N T
Aftab Alam,J.
1.
This appeal, by special leave, is directed against the judgment and
decree dated April 3, 2001 passed by a Division Bench of the Calcutta High
Court in Appeal No.114/1991. By the impugned judgment, the Division
Bench allowed the appeal preferred by Punjab National Bank (respondent
no. 1 before this Court), set aside the judgment and decree dated December
12, 1990, passed by a learned single judge of the High Court in Suit No.
780/1983 filed by the appellant-plaintiff under Order XXXVII of the Code
of Civil Procedure.
2.
The claim of the appellant-plaintiff is based on a purported bill of
exchange dated February 15, 1983 for a sum of Rs. 1 crore only. The bill of
1
Page 2
JUDGMENT
exchange was drawn by two persons namely, Raghunath Dutta and Amit
Dutta (respondent nos. 3 & 4 respectively) as partners in the firm
Metropolitan Construction (respondent no. 2). The bill of exchange was
accepted by M/s Lgee Enterprises (not
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