Friday, March 19, 2010

Dishonour of cheque — Liability of surety.

Dishonour of cheque — Liability of surety was contingent upon the principal debtor not paying and the complainant making a demand on the guarantors — No demand made on the guarantors prior to the presentation of cheque — There was no legally enforceable debt or liability on the date of presentation and dishonour of cheque. (2010 (3) LJSOFT 89)

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