Undated Cheques Hold Corroborative Value in Recovery Suit; Successful Party Entitled to Pendente Lite Interest: Delhi High Court

The Delhi High Court has upheld a money decree of Rs. 50 lakhs against the legal heirs of a deceased borrower, ruling that undated cheques, while not amounting to bills of exchange, possess corroborative value in establishing a loan transaction. Justice Amit Bansal, while dismissing the appeal filed by the defendants, also allowed the cross-objections

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