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    <title>1981 (2) TMI 248 - PUNJAB AND HARYANA HIGH COURT</title>
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    <description>Bank branch managers authorised under the governing statute, regulations and relevant notifications may sign and verify pleadings, execute vakalatnamas, and institute proceedings for disputes arising from their branches. Authority to complete documents connected with legal proceedings extends to these procedural acts. Claims arising from running cash credit accounts are governed by the limitation rule applicable to running accounts; a recent account entry may preserve the claim against a surety. Failure to issue notice under the Negotiable Instruments Act does not defeat a claim founded on account arrangements and agreements unless the surety pleads and proves resulting prejudice.</description>
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    <pubDate>Thu, 12 Feb 1981 00:00:00 +0530</pubDate>
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