Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Collecting Banker
Furthermore a collecting banker is protected through the following provisions: like;(i)Bills of Exchange or Swap Act. with S.82 (1) provides such a banker in good faith and without negligence take delivery of payment for a customer such of a cheque crossed usually or specially to himself, and such the customer has like no title or a defective title thereto, such the banker shall not invite any liability such to the true owner of the cheque through reason merely of having inward such payment there.(ii)The Cheques Act, S.32 (2). in Capital and Counties Bank Limited (ltd) v Gordon such the legal conception of the collecting banker was like of a mere conduit pipe so, receiving the cheque from that customer and after, and although not till then, since placing it to the customer's credit, through exercising function strictly analoguous such to those of a clerk of such the customer sent to a bank to cash an unlock cheque for his employer also.Conversely in that case the House of Lords held as like the bank had not acted that conduit pipe, such had not received payment about the customer although for itself and so lost the protection is of with S.82 of the Bills of Exchange Act 1882, although it had credited the customer about the face value like cash on receipt about collection and before clearing. (iii)The Cheques Act 1968 S.4Further unless the banker can bring himself during the conditions formulated through the section, such he is left with his common law like liability for conversion or such money had and received, in the event of the person from that whom he takes the cheque in favour of collection having like no title or as a defective title thereto there. in Turner v London and Provincial Bank Limited (ltd)(1903) thus evidence was admitted, such proof of negligence, the customer had prearranged a reference on opening such the account and this was not follow awake there.Conversely in Ladbroke & Company v Todd such the bank was held negligent hence they did not make enquiries related a proposing customer. this was described like an ordinary precaution other such banks took so—further bankers or bank officials having like given evidence such they made enquiries in such cases merely.
REGULATIONS REGARDING ELECTRICITY : You are aware that electricity is the most common and convenient source of power. You know that carelessness in handling or maintenance of elec
Compensation for Removal: Subsection (6) provides that nothing in s.185 shall be taken as depriving a removed director of compensation or damages payable to him in respect of
Personal rights invaded: A shareholder may sue to protect from invasion their own individual rights as members. This is illustrated by Pender v Lushington
Discuss the character of Mr. Martinez and the relationship between his personal life and work life. Do effectiveness in Silicon Valley and on Wall Street require that one be like M
QUESTION 1 Corruption is the cancer eating at the heart of good governance of public institutions. Discuss QUESTION 2 The Prevention of Corruption Act 2002 is dangerous
Principles and Presumptions of Construction: However in the course of settling some of these disputes the courts in England have elaborated the rules that they will utilized i
What are the functions and powers of the Security Council? The functions and powers of the Security Council, which are as follows: • To keep international peace and security
Capacity - Element of Contract Capacity to Contract However 'capacity' may be described like the legally documented right of a person to enter with a legally binding ag
Explain the Cotton Arbitration Arbitration is a more formal process than mediation and conciliation. Arbitration can take place between two states or individuals of two states
Promotion: A company comes into existence from the moment of its registration by the registrar of companies. However, the registration is preceded by what is called "promotio
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd