Negotiable Instrument Act.
Rahul Singh
(Querist) 03 February 2010
This query is : Resolved
&In case when a Cheque is given by say A to B for rs.5000.00.Later on B dies.After death of B his parents C,D file a case of cheque bouncing stating to be the LR's of B also Holder in due course of the cheque as per the language in S.8,9,118(g)of Neg.Ins.Act.
Qs- Whether such compliant is tenable or not?Kindly give citation if any.
Arvind Singh Chauhan
(Expert) 03 February 2010
Yes it is tenable. Go through the case on the same fact "Payee died before presentation of cheque to bank- his wife presented- on death legal heir could file complaint"
SMT. BHAGAVA V/S M/S SRI KADASIDDESHWARAD TRADING COMPANY AND ANOTHERS -CRIMES-2004(1)-KER-701
Raj Kumar Makkad
(Expert) 03 February 2010
Nothing to add in the opinion of arvind.
Rahul Singh
(Querist) 05 February 2010
Kindly give a ruling against this, and if there is any judgment of the Apex Court in this respect?