Facts of the Case Issues in the Case Principles Associated With It Judgement
Tag: negotiable instruments act
13. 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 It Judgement
48. M. Ram couldn’t present the cheque received from his friend due to a busy schedule. The period of limitation is about to expire on a day which happens to be a holiday. Advice Mr. Ram.
Facts of the case Issues in the case Principles associated with the case Judgement
12. ‘A’, the holder of a bill, endorses it to ‘B’ or order for the express purpose that ‘B’ gets 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 It Judgement
11. D accepted a bill of exchange drawn in London. An endorsee in understanding with the drawer altered the place of drawing from London to America. Is D liable on the bill.
Facts of the Case Issues in the Case Principles Associated With It Judgement
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
9.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
8.’B’ Obtains A’s acceptance to a bill of exchange by fraud. B endorses it to ‘C’ who is a holder in due course, C endorses the bill to ‘D’ who knows of the fraud. Can ‘D’ get a title and recover money from A.
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