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    <title>1906 (9) TMI 2 - MADRAS HIGH COURT</title>
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    <description>The court allowed the appeal under Section 15 of the Letters Patent, overturning the lower courts&#039; judgments in a suit on a promissory note. The key issue was whether the defendant could present evidence to contest the validity of the promissory note. The court interpreted Sections 78 and 8 of the Negotiable Instruments Act, emphasizing the importance of the real contract being evident on the instrument. Historical context, including the Law Merchant&#039;s influence, was considered, along with comparisons to English and American laws. The court ruled in favor of the plaintiff&#039;s representatives, awarding costs in their favor.</description>
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    <pubDate>Fri, 28 Sep 1906 00:00:00 +0530</pubDate>
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      <title>1906 (9) TMI 2 - MADRAS HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=301961</link>
      <description>The court allowed the appeal under Section 15 of the Letters Patent, overturning the lower courts&#039; judgments in a suit on a promissory note. The key issue was whether the defendant could present evidence to contest the validity of the promissory note. The court interpreted Sections 78 and 8 of the Negotiable Instruments Act, emphasizing the importance of the real contract being evident on the instrument. Historical context, including the Law Merchant&#039;s influence, was considered, along with comparisons to English and American laws. The court ruled in favor of the plaintiff&#039;s representatives, awarding costs in their favor.</description>
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      <pubDate>Fri, 28 Sep 1906 00:00:00 +0530</pubDate>
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