Tuesday, December 15, 2009

SIGNATURE NOT BY MISTAKE

When a person signs a document, there is a presumption he has read it and understood it and only
then he had affixed his signature, the SC stated in the judgement, Grasim Industries Ltd. vs. Agarwal Steel. The presumption is stronger in the case of businesspersons as money is involved. The SC stated this while setting aside the judgement of the Madhya Pradesh high court in an arbitration case.

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