A cheque is drawn payable to “B or order”. It is stolen and the thief forges B’s endorsement and endorses it to C. The banker pays the cheque in due course. Can B recover the money from the banker.
Subscribe to:
Post Comments (Atom)
You will find here practical case studies and material for C.A., C.S., ICWA, ACCA, CIMA, CPA & CFA (Ethics)exams. Please find recent amendment and happening in law segment, motivational writing, story and peoms. Thanks for your visit.
No comments:
Post a Comment