Facts of the Case Issues in the Case Principles Associated With It Judgement
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29. A bill payable to X or order was stolen by Y who forged X’s endorsement and negotiated the cheque to Z. Z. took the check for value in good faith. Will Z have a bonafide little check? Decide.
Facts of the Case Issues in the Case Principles Associated with It Judgement
30. A negotiable instrument is for Rs. 10.000. The owner of the instrument endorses it for Rs. 5,000. Decide whether this can be done?
Facts of the Case Issues in the Case Principles Associated with It Judgement
26.A draws a cheque for Rs. 100 and hands it over to B by way of gift. Is Ba holder in due course? Explain the nature of his title, interest and rights to receive the proceeds of the cheque.
Facts of the Case Issues in the Case Principles Associated With It Judgement
31. An endorsement on a cheque says ‘pay C’, if he returns from Paris. If C does not return from Paris and Yet wants to claim the amount of the cheque. Can he succeed?
Facts of the Case Issues in the Case Principles Associated with It Judgement
32. The Reserve Bank of India(RBI) cancelled the license of KL bank. KL Bank to challenge the cancellation of license. Where can the appeal wants lie?
Facts of the Case Issues in the Case Principles Associated with It Judgement
25.A of Calcutta drew a bill of exchange on B of Hongkong payable sixty days after sight. The holder C kept the bill with him for five months and then presented it for acceptance before B. B in the meanwhile became insolvent. C sues A for payment. Will he succeed?
Facts of the Case Issues in the Case Principles Associated With It Judgement
33. Mr.Srinu draws a cheque for Rs.2,000/- and hands it over to Balu by way of gift. Is a holder in due course? Discuss the interest of Balu to receive the proceeds of the cheque.
Facts of the Case Issues in the Case Principles Associated with It Judgement
24.X draws a cheque for Rs 2,000 and Y, a holder without the consent of X alters the figure of Rs 2,000 to Rs 20,000 and makes the instrument look like a cheque drawn for Rs 20,000. The banker pays the cheque in due course. Discuss the legal position of the banker.
Facts of the Case Issues in the Case Principles Associated With It Judgement
34. There is credit balance in the account of Mr.Gopal. The banker wishes to set this off against an overdraft in the joint name of Gopal and Kamat. Will the bank exercise right of set off in this situation?
Facts of the Case Issues in the Case Principles Associated with It Judgement