Facts of the Case Issues in the Case Principles Associated With It Judgement
Tag: Section 58 NI Act
10. A bill payable to X or order was stolen. Y forged X’s endorsement and endorsed it to Z who takes it for value and in good faith. Shall Z acquire a good title for it?
Facts of the Case Issues in the Case Principles Associated With It Judgement
2. A bill payable to X or order was stolen by ‘Y’ who forged endorsement and negotiated the cheque to Z. Z took the cheque for value in good faith. Will Z have a bonafide title to the cheque? Decide.
Facts of the Case Issues in the Case Principles Associated With It Judgement