High CourtsDivision Bench(1910) 03 MAD CK 0091

Ramaswami Chetty vs Pavadi Samban and Others

Madras High Court · Decided on 14 March 1910 · Citation: 5 Ind. Cas. 852

HON’BLE JUDGES
Ralph Benson, J · Krishnaswmi Aiyar, J

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Judgment

1 paragraphs · 178 words
1.

The suit is upon an unregistered assignment of an unregistered hypothecation bond. The bond was for Rs. 50, interest having accumulated, the assignment was for Rs. 176. The assignment requires registration to operate as a transfer of the, hypothecation. The next question is whether the personal remedy was barred. The 3rd issue raises the question whether the payments alleged in the plaint and the endorsement on the bond sued on are true. The amount of the bond was payable on the 10th of April 1899. But for the alleged payments of interest the suit is barred. Mr. Ranga Chariar raised the question as to whether the payment of interest by the manager of a Hindu family will save limitation against other members. But it is unnecessary to consider this as the 3rd issue has been found against the plaintiff by the Munsif and the District Judge. If the payments are false the suit is clearly barred. We must dismiss the second appeal; but as the respondents were not represented at the hearing we do so without costs.