Membership-consent thresholds for oppression petitions are satisfied by unchallenged voter-list consents, while unsupported forgery claims require pro...
Juridical seat versus arbitral venue determines supervisory court jurisdiction, while timely award challenges remain within the prescribed limitation ...
Merger of a drawee bank transfers its assets, liabilities and customer accounts to the resulting bank; it does not extinguish the account or invalidate a cheque drawn on it. The cheque recipient may present the cheque without fault despite the merger. Claims that the cheque was misplaced constitute a defence requiring trial, rather than a ground to quash cheque-dishonour proceedings. Account closure likewise does not justify quashing. Cheque-dishonour proceedings therefore continue, with the drawer retaining liberty to raise available defences during trial.
Merger of a drawee bank transfers its assets, liabilities and customer accounts to the resulting bank; it does not extinguish the account or invalidate a cheque drawn on it. The cheque recipient may present the cheque without fault despite the merger. Claims that the cheque was misplaced constitute a defence requiring trial, rather than a ground to quash cheque-dishonour proceedings. Account closure likewise does not justify quashing. Cheque-dishonour proceedings therefore continue, with the drawer retaining liberty to raise available defences during trial.
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