Madhusudan_Das

134 Madhusudan Das:
that I had executed two previous handnotes for Rs. 15,000/- and
Rs. 10.000/-. It is not a fact that I had paid Rs. 200/- as interest on
this hand note to save it from being time barred."
The defence of Mr. Das against his detractors convinced the court.
His petition for seeking insolvency from the court was granted. An extract
of the verdict of the District Judge. G.J. Monahan of this issue reads as
follows :
In my opinion the evidence which has been at present produced
on behalf of the applicant is sufficient for this purpose and I am
satisfied that there are prima facie grounds for holding that he is
unable to pay his debts. I see no sufficient reason to doubt the
existence of these debts. Also I am prepared at present to accept
Mr. Das's statement in his deposition that he is not in a position
to pay them.
References Cited:
1. In the Court of the District Judge at Cuttack: From of Heading
of Deposition. Misc.Case No. 36 of 1927.
2. Ibid: Cross Examination on 27th July. 1927
3. Ibid
4. Ibid
5. Ibid
6. Ibid : Holding of Decision in Original suit: Dt. 4th August.
1927 and Misc. Case No. 36 of 1927.