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    <title>1998 (4) TMI 569 - KERALA HIGH COURT</title>
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    <description>The court held that inserting a date on an undated cheque does not constitute material alteration under Section 87 of the Negotiable Instruments Act, as the holder in due course has implied authority to do so. The defendant failed to prove that the cheque was issued without consideration, as required by Section 118 of the Act. The court dismissed the appeal and upheld the judgment of the single judge.</description>
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    <pubDate>Mon, 06 Apr 1998 00:00:00 +0530</pubDate>
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      <title>1998 (4) TMI 569 - KERALA HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=295851</link>
      <description>The court held that inserting a date on an undated cheque does not constitute material alteration under Section 87 of the Negotiable Instruments Act, as the holder in due course has implied authority to do so. The defendant failed to prove that the cheque was issued without consideration, as required by Section 118 of the Act. The court dismissed the appeal and upheld the judgment of the single judge.</description>
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