https://www.taxtmi.com/caselaws?id=199764 The Supreme Court set aside the High Court's judgment and ruled in favor of the Appellant, finding the 1st Respondent bank negligent and unable to claim protection under Section 131 of the Negotiable Instruments Act. The court emphasized the bank's failure to act in good faith and its negligence in conducting necessary inquiries regarding the customer, leading to the restoration of the trial court's decree. The appeal was disposed of with no order as to costs. en-us Fri, 30 Jan 2004 00:00:00 +0530 Mon, 12 Mar 2018 14:37:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=199764 The Supreme Court set aside the High Court's judgment and ruled in favor of the Appellant, finding the 1st Respondent bank negligent and unable to claim protection under Section 131 of the Negotiable Instruments Act. The court emphasized the bank's failure to act in good faith and its negligence in conducting necessary inquiries regarding the customer, leading to the restoration of the trial court's decree. The appeal was disposed of with no order as to costs. Case-Laws Indian Laws Fri, 30 Jan 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=199764