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    <title>2018 (2) TMI 2045 - KARNATAKA HIGH COURT</title>
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    <description>The High Court upheld the lower courts&#039; judgments in a recovery suit involving a promissory note with alleged material alteration in the date. The court analyzed Section 87 of The Negotiable Instruments Act, emphasizing that if alterations are made with consent or to fulfill common intention, the instrument remains valid. Despite conflicting witness statements, the court found the corrections were made contemporaneously with the defendant&#039;s involvement, preserving the document&#039;s validity. The High Court dismissed the appeal, concluding that the alteration did not invalidate the promissory note, based on the evidence and legal interpretation.</description>
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    <pubDate>Tue, 27 Feb 2018 00:00:00 +0530</pubDate>
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      <title>2018 (2) TMI 2045 - KARNATAKA HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=297116</link>
      <description>The High Court upheld the lower courts&#039; judgments in a recovery suit involving a promissory note with alleged material alteration in the date. The court analyzed Section 87 of The Negotiable Instruments Act, emphasizing that if alterations are made with consent or to fulfill common intention, the instrument remains valid. Despite conflicting witness statements, the court found the corrections were made contemporaneously with the defendant&#039;s involvement, preserving the document&#039;s validity. The High Court dismissed the appeal, concluding that the alteration did not invalidate the promissory note, based on the evidence and legal interpretation.</description>
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      <pubDate>Tue, 27 Feb 2018 00:00:00 +0530</pubDate>
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