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1945 (11) TMI 10 - HC - Companies LawExtract: .......uld be let off from his liability because of the negligence of the true owner. But for the protection afforded to the bank by Section 131 of the Negotiable Instruments Act the bank would have no defence whatever to the claim of the plaintiff. 24. Suit dismissed with costs. I fix the costs at ₹ 2,500 including costs for summons for directions.
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