https://www.taxtmi.com/caselaws?id=193676 The article explains that, under the Bank's statutory framework and regulations, an authorised Branch Manager may sign and verify pleadings, execute a vakalatnama, and institute proceedings for disputes arising from the branch, because documents connected with legal proceedings fall within the delegated authority. It also notes that for claims based on a running cash credit account, limitation is governed by the applicable Limitation Act article for running accounts, so a suit may remain timely where the last entry is recent. The discussion further states that absence of notice to a surety does not defeat the claim unless prejudice is shown. en-us Thu, 12 Feb 1981 00:00:00 +0530 Fri, 11 Aug 2017 18:27:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=193676 The article explains that, under the Bank's statutory framework and regulations, an authorised Branch Manager may sign and verify pleadings, execute a vakalatnama, and institute proceedings for disputes arising from the branch, because documents connected with legal proceedings fall within the delegated authority. It also notes that for claims based on a running cash credit account, limitation is governed by the applicable Limitation Act article for running accounts, so a suit may remain timely where the last entry is recent. The discussion further states that absence of notice to a surety does not defeat the claim unless prejudice is shown. Case-Laws Indian Laws Thu, 12 Feb 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=193676