FEDERAL BANK LTD. vs V.M. JOG ENGINEERING LTD. . — C.A. No. 5626/2000
Case under Section III. Status: Disposed.
CNR: SCIN010027522000
Filing Date
14-Feb-2000
Registration No
C.A. No. 5626/2000
Diary Number
2752/2000
Order Date
29-Sep-2000
Document Type
Judgment - of Main Case
Disposal Type
Dismissed
Last updated 31-May-2026
Acts & Sections
Petitioner(s)
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1.FEDERAL BANK LTD.
Respondent(s)
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1.V.M. JOG ENGINEERING LTD. .
Adv. SATISH AGGARWAL
Case History
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Case disposedDisposed
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29-Sep-2000
Judgment - of Main CaseView PDF
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14-Feb-2000
Case filed
Registration No. C.A. No. 5626/2000
Summary of Federal Bank Ltd. v. V.M. Jog Engineering Ltd. (2000) The Supreme Court allowed Federal Bank's appeal, holding that once an Issuing Bank certifies documents presented by a Negotiating Bank and promises reimbursement, it cannot later refuse payment based on fresh scrutiny. The Court ruled that Federal Bank, as a holder in due course without knowledge of fraud, was entitled to reimbursement despite the buyer's allegations that delivery documents were forged by the seller. This case analysis is maintained by casestatus.in based on publicly available court records.
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