https://www.taxtmi.com/caselaws?id=424012 The court decreed in favor of the Plaintiff in a case involving the recovery of money based on a promissory note executed by the Defendant. The Defendant's denial of executing the note was rebutted by the court's finding that the disputed signature matched admitted signatures, upholding the presumption of consideration under Section 118 of the Negotiable Instruments Act. The Plaintiff was awarded Rs.1,71,20,256/- with interest and costs totaling Rs.3,00,000/-, based on prevailing interest rates and the "loser pays" principle. en-us Tue, 07 Jun 2022 00:00:00 +0530 Tue, 21 Jun 2022 08:54:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=424012 The court decreed in favor of the Plaintiff in a case involving the recovery of money based on a promissory note executed by the Defendant. The Defendant's denial of executing the note was rebutted by the court's finding that the disputed signature matched admitted signatures, upholding the presumption of consideration under Section 118 of the Negotiable Instruments Act. The Plaintiff was awarded Rs.1,71,20,256/- with interest and costs totaling Rs.3,00,000/-, based on prevailing interest rates and the "loser pays" principle. Case-Laws Indian Laws Tue, 07 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=424012