Singh v Singh and Another (Civ. Case No. 152 of 1937)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
Where a promissory note payable to order is transferred by delivery without endorsement, the transferee cannot sue on the note in his own name. Mere possession is insufficient; the note must be endorsed to the transferee. The transferee's status is that of one in possession with the right to demand endorsement from the transferor. Additionally, where a promissory note is given in settlement of an account, the original causes of action for goods supplied, money lent, and account stated merge into the cause of action on the note.
Outcome
Action dismissed with costs
Facts
The plaintiffs claimed Sh. 18,15/30 on a promissory note dated 15 June 1933 drawn by the defendants in favour of the plaintiffs or order, or alternatively on an account stated and settled on the same date, or for goods sold and delivered and money lent. The plaintiffs had originally endorsed the note to one Maganlal Bhutt, who endorsed it to Barclays Bank. The bank subsequently endorsed the note back making it payable to the order of Maganlal Bhutt without recourse. Maganlal Bhutt then transferred the note by delivery to the plaintiffs without endorsing it. At the time the suit was instituted, the note was in the plaintiffs' possession but bore no endorsement in their favour. The note was payable to order, not to bearer.
Issues
- Whether a person in possession of a promissory note payable to order, which was delivered to him without endorsement, can sue on the note in his own name.
- Whether causes of action for goods supplied, money lent, and account stated merge into the cause of action on a promissory note given in settlement of those debts.
Orders
- Action dismissed.
- Costs awarded to the defendants.
Rules and key headnotes
Legislation cited (3)
- Bills of Exchange Ordinance 1927 s.2
- Bills of Exchange Ordinance 1927 s.8
- Bills of Exchange Ordinance 1927 s.38
Cases cited (2)
- Rehematullah Khan Kherdin v Shirkhan Punukhan (No. 297 of 1933)
- Harrop v Fisher (142 E.R. 428)
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.