https://www.taxtmi.com/caselaws?id=101172 A bank recovery suit was upheld where an authorised branch manager was competent to sign and verify the plaint, timely filing of charge particulars supported deemed registration, and bank records proved the loan advances and outstanding balances. Guarantors and promissory note indorsers were held liable, and absence of notice of dishonour did not discharge them absent shown prejudice. The plaint disclosed a cause of action, the suit was within limitation, and objections based on non-joinder, misjoinder, or misjoinder of causes of action failed. Future interest was allowed at 14 per cent per annum, and recovery by sale of mortgaged property was directed. en-us Fri, 14 Dec 1984 00:00:00 +0530 Wed, 08 Feb 2012 17:56:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=101172 A bank recovery suit was upheld where an authorised branch manager was competent to sign and verify the plaint, timely filing of charge particulars supported deemed registration, and bank records proved the loan advances and outstanding balances. Guarantors and promissory note indorsers were held liable, and absence of notice of dishonour did not discharge them absent shown prejudice. The plaint disclosed a cause of action, the suit was within limitation, and objections based on non-joinder, misjoinder, or misjoinder of causes of action failed. Future interest was allowed at 14 per cent per annum, and recovery by sale of mortgaged property was directed. Case-Laws Companies Law Fri, 14 Dec 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=101172