Facts of the Case Issues in the Case Principles Associated With It Judgement
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52.X. a customer has deposited jewels worth 50000/- for safe custody in a Bank. Later he became a Debtor to the Bank. Explain the Rights of the Banker?
Facts of the case Issues in the case Principles associated with the case Judgement
7. 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 the right to set off in this situation?
Facts of the Case Issues in the Case Principles Associated With It Judgement
53 . A Promissory Note was executed by X to Z. Suddenly X died. Can Z claim against the legal heirs of X? Decide..
Facts of the case Issues in the case Principles associated with the case Judgement
6. Mr.Srinu draws a cheque for Rs.2,000/- and hands it over to Balu by way of gift. Is Balu 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
54. Cheque is payable to R or Order. It is stolen and the thief forges R’s signature and presents it to the Banker who makes payment in due course. Can R recover the amount from the Bank?
Facts of the case Issues in the case Principles associated with the case Judgement
5. The Reserve Bank of India(RBI) cancelled the license of KL bank. KL Bank wants to challenge the cancellation of license. Where can the appeal lie?
Facts of the Case Issues in the Case Principles Associated With It Judgement
55. Person B accepted a ‘Bill of Exchange’ which is drawn in Paris. The Endorsee in understanding with the Drawer altered the place of drawing the Bills of Exchange from Paris to Rome. Is B liable on the Bill?
Facts of the case Issues in the case Principles associated with the case Judgement
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