Section 87 of NIA : Section 87: Effect Of Material Alteration
NIA
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Explanation using Example
Imagine John issues a cheque to Alice for $500. After receiving the cheque, Alice decides she wants more money and alters the amount on the cheque to $1500 without John's consent. This alteration is material and fraudulent. According to Section 87 of The Negotiable Instruments Act, 1881, the cheque is now void against John. If Ali...
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