Introduction In banking, the duties of paying and collecting banker are fundamental functions in the relationship between a banker and their customer. These obligations are […]
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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
15. Jurisdiction and powers of Debt Recovery Tribunal
Introduction The Debt Recovery Tribunal (DRT) was established under the Recovery of Debts Due to Banks and Financial Institutions Act, 1993 (commonly called the DRT […]
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
14. Discuss the main types of Letters of credit in international-trade.
Introduction In international trade, a Letter of Credit (LC) is a vital financial instrument used to mitigate risks associated with cross-border transactions. It acts as […]
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 […]
13. What is Banker’s lien? What are the precautions a bank should take while giving loans and advances ?
Banker’s Lien: Definition and Explanation A Banker’s Lien is a legal right available to a banker to retain possession of a customer’s property, securities, or […]
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. […]
12. What is the impact of Information Technology on Banking.
Introduction In the modern financial ecosystem, Information Technology (IT) has revolutionized banking operations across the globe. The integration of IT in the banking sector has […]
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 […]