https://www.taxtmi.com/caselaws?id=299667 The appeal was allowed, the suit was dismissed, and the judgment and decree passed by the trial court were set aside. The court found that the bill of exchange was not proven as a negotiable instrument, A.B. Das's co-acceptance was unauthorized, the bill was not properly presented for payment, and there were substantial indications of fraud and collusion by Britannia. Consequently, Britannia had no valid cause of action against PNB. en-us Tue, 03 Apr 2001 00:00:00 +0530 Fri, 24 Dec 2021 17:39:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=299667 The appeal was allowed, the suit was dismissed, and the judgment and decree passed by the trial court were set aside. The court found that the bill of exchange was not proven as a negotiable instrument, A.B. Das's co-acceptance was unauthorized, the bill was not properly presented for payment, and there were substantial indications of fraud and collusion by Britannia. Consequently, Britannia had no valid cause of action against PNB. Case-Laws Indian Laws Tue, 03 Apr 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=299667