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Q1 Discuss the following cases
a) On 25th August 2017, a cheque dated 01.09.2016 for Rs 5000 is presented and paid,
reducing the balance in the account to Rs2000/. Two days later, a cheque dated 23.08.2016
for Rs6000/ is presented but returned for the reason “Funds Insufficient” Discuss the legal
position of the banker in this case. 5
b) By means of fall preference Rohit has obtain from Mohit a cheque crossed “not
negotiable” he took that cheque to a bank (other than drawee bank) which paid it. Mohit sues
the bank for conversion.
1. Has Rohit committed any offence or irregularity? Under the negotiable instrument act.
2. How will you decide the case?
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