Introduction to Debentureholder Rights Debentureholders are creditors of a company who lend money by subscribing to its debentures. Under the Companies Act, 2013 (Sections 71 […]
Tag: payment
23. A sells goods to ‘B’. B pays to ‘A’ through a cheque. Before B could obtain the delivery of goods, his cheque has been dishonoured by the bank. A, therefore refuses to give delivery of the goods until paid. Is A’s action justified or not?
1. Facts of the Case 2. Issues in the Case 3. Legal Principles Covered a) Sale of Goods and Payment by Cheque b) Right of […]