Facts of the Case Issues in the Case Principles Associated with It Judgement
Tag: Holder in Due Course
27. X obtains Y’s acceptance to bill by fraud. X endorses it to Z who takes it as holder in due course. Z endorses the bill to F who knows of the fraud. Can F recover from X?
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
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
36. The holder of a promissory note for Rs.1,000 writes on it “Pay B Rs.500” and endorses the note. Explain the consequential developments.
Facts of the Case Issues in the Case Principles Associated with It Judgement
37. A cheque is drawn payable to ‘X’ or bearer. Y steals it and negotiates it to Z. Is it possible for X’: to get back the cheque from A*?
Facts of the Case Issues in the Case Principles Associated with It Judgement
38. 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 to it.
Facts of the Case Issues in the Case Principles Associated with It Judgement
40-A’, the holder of a bill, endorses it to ‘B’ or order for the express purpose that ‘B’ get it discounted. B negotiates the bill to ‘C’ who takes it bonafide and for value. Explain the position of ‘C’.
Facts of the case Issues in the case Principles associated with the case Judgement
41. A. in point of pistol, forces ‘B’ to issue a bearer cheque in the name of ‘A’. A afterwards hands over the cheque to ‘C’ who takes it in good faith for valuable consideration. Is ‘C’ a holder in due course?
Facts of the case Issues in the case Principles associated with the case Judgement
43. B’ obtains A’s acceptance to a bill by fraud. B endorses it to ‘C’ who takes it as a holder in due course. ‘C’ endorses the bill to ‘D’ who knows of the fraud. Can ‘D’ recover from ‘A’?
Facts of the case Issues in the case Principles associated with the case Judgement