Facts of the case Issues in the case Principles associated with the case Judgement
Tag: negotiable instruments act
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
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
8. What are the legal presumptions of a Negotiable instrument?
The Negotiable Instruments Act, 1881 is the key legislation governing the usage of negotiable instruments like promissory notes, bills of exchange, and cheques in India. […]
2. Explain the general relationship between banker and customer with special reference to debtor and creditor relationship.
Introduction The relationship between a banker and a customer is foundational to the banking sector and is primarily governed by common law principles, banking customs, […]
24. A 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 It Judgement
23 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 It Judgement