https://www.taxtmi.com/caselaws?id=305171 The court dismissed the appeal, upholding the decision of the lower court, which dismissed the appellants' suit. The appellants had accepted Rs. 20 lacs in full satisfaction of their claim against the respondent, as evidenced by their endorsement of full satisfaction on the promissory notes. The court applied Sections 63 and 41 of the Indian Contract Act, 1872, concluding that the appellants could not pursue further recovery. Costs were awarded to the respondent, reinforcing that acceptance of payment with full satisfaction endorsement discharges the debt. en-us Thu, 12 Apr 1962 00:00:00 +0530 Sat, 25 Jan 2025 13:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=305171 The court dismissed the appeal, upholding the decision of the lower court, which dismissed the appellants' suit. The appellants had accepted Rs. 20 lacs in full satisfaction of their claim against the respondent, as evidenced by their endorsement of full satisfaction on the promissory notes. The court applied Sections 63 and 41 of the Indian Contract Act, 1872, concluding that the appellants could not pursue further recovery. Costs were awarded to the respondent, reinforcing that acceptance of payment with full satisfaction endorsement discharges the debt. Case-Laws Indian Laws Thu, 12 Apr 1962 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=305171