IN THE SUPREME COURT OF INDIA
CIVIL APPELLATE JURISDICTION
CIVIL APPEAL NO. 5994 OF 2004
Grasim Industries Ltd. & Anr. .... Appellants Versus
Agarwal Steel .... Respondent WITH
CIVIL APPEAL NOS. 7477/2004 AND 1733/2005
In our opinion, when a person signs a document,there is a presumption, unless there is proof of force or fraud, that he has read the document properly and understood it and only then he has affixed his signatures thereon, otherwise no signature on a document can ever be accepted. In particular, businessmen, being careful people (since their money is involved) would have ordinarily read and understood a document before signing it. Hence the presumption would be even stronger in their case.
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