Facts of the Case Issues in the Case Principles Associated With It Judgement
Author: Sunny Shettipalli
4. 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
3. 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
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
1. A sells a radio to M, a minor, who pays for it by cheque. A indorses the cheque to B who takes it in good faith and for value. The cheque is dishonoured on presentation. Can B enforce payment of the cheque against A or M?
Facts of the Case Issues in the Case Principles Associated With It Judgement
21. Fiduciary Relationship
A fiduciary relationship is one of utmost trust and confidence where one party is obliged to act in the best interest of another. This concept […]
20. Advances
In the banking and finance sector, “advances” refer to short-term loans or credit facilities provided by banks to customers for a specific purpose and duration. […]
19.SARFAESI ACT, 2002
The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, 2002 is a vital legislation enacted by the Indian Parliament to […]
18. Endorsement
Endorsement is a significant concept under the law of negotiable instruments in India. It plays a crucial role in the transferability of negotiable instruments like […]
17. Bill of Exchange
A Bill of Exchange is one of the primary negotiable instruments used in trade and commerce, facilitating credit transactions and promoting liquidity. It plays a […]