Bombay High Court Allows Recovery Suit by Bank Against Company for Dishonour of Bill of Exchange — Bank Entitled to Claim Amount with Interest as Holder in Due Course. The plaintiff bank negotiated and discounted a bill of exchange drawn by the defendant company; upon dishonour, the bank as holder in due course was entitled to recover the bill amount with interest.
17 Mar 2006The plaintiff, Bhumiputra Commerce Bank (originally Patel Holdings Sendirian Berhad, Penang), filed a suit for recovery of Rs.29,62,400/- with interes...




