Posted On by &filed under High Court, Madras High Court.


Madras High Court
Udayar Pillai vs Muthia Pillai on 1 December, 1896
Equivalent citations: (1897) 7 MLJ 231


JUDGMENT

1. The decree of the District Munsif is right for the reason stated by him.

2. The pro-note is not payable to a specified person or to bearer or to the order of a specified person, and it is, therefore, not a negotiable instrurieiit. There is therefore, no objection to its transfer otherwise than by endorsement. In both the cases relied on by the petitioner Pattat Ambadi Marar v. Kishnan I.L.R. 11 M. 290 and Abboy Chetti v. Ramachandra Rao I.L.R. 17 M. 461 the notes were payable to a specified person or order, which made them negotiable instruments, and therefore not transferable except by endorsement.

3. We dismiss the petition with costs.


Leave a Reply

Your email address will not be published. Required fields are marked *

* Copy This Password *

* Type Or Paste Password Here *

107 queries in 0.304 seconds.