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    <title>1965 (4) TMI 124 - Supreme Court</title>
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    <description>A suit founded on promissory notes and a guarantee remained maintainable under Order 37 CPC because the immediate cause of action was the negotiable instrument liability, and a separate export-business arrangement did not displace that basis. The court also upheld conditional leave to defend, holding that where the defence does not show a clear bona fide triable issue and appears doubtful, sham, or implausible, the court may impose terms such as security, especially in commercial matters. The appeal therefore failed, and the order granting leave to defend on conditions was sustained.</description>
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    <pubDate>Fri, 23 Apr 1965 00:00:00 +0530</pubDate>
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      <title>1965 (4) TMI 124 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=198409</link>
      <description>A suit founded on promissory notes and a guarantee remained maintainable under Order 37 CPC because the immediate cause of action was the negotiable instrument liability, and a separate export-business arrangement did not displace that basis. The court also upheld conditional leave to defend, holding that where the defence does not show a clear bona fide triable issue and appears doubtful, sham, or implausible, the court may impose terms such as security, especially in commercial matters. The appeal therefore failed, and the order granting leave to defend on conditions was sustained.</description>
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      <pubDate>Fri, 23 Apr 1965 00:00:00 +0530</pubDate>
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