Negotiable Instrument Act Sec.118 - Material alteration - When the promissory note was tampered by adding Figure "1" before the figures 25,000/- so as to make as Rs. 1,25,000/- and when the Hand Writing Expert reported that the Figure "1" was added later so as to make as Rs.1,25,000/- and when mediators deposed that one of the promissory note not returned -Mere admission of the execution of the Promissory note by the defendant can not be considered as conclusive proof of passsing of consideration under sec.118 of N.I.Act - 2015 S.C.(2011) MSKLAWREPORTS
Negotiable Instrument Act Sec.118 - Material alteration - When the promissory note was tampered by adding Figure "1" before the figures 25,000/- so as to make as Rs. 1,25,000/- and when the Hand Writing Expert reported that the Figure "1" was added later so as to make as Rs.1,25,000/- and when mediators deposed that one of the promissory note not returned -Mere admission of the execution of the Promissory note by the defendant can not be considered as conclusive proof of passsing of consideration under sec.118 of N.I.Act - 2015 S.C.(2011) MSKLAWREPORTS