Answered step by step
Verified Expert Solution
Question
1 Approved Answer
A director of a company repaid personal a loans by withdrawing cheque frombank account of the company .In a suit filled by the company againgst
A director of a company repaid personal a loans by withdrawing cheque frombank account of the company .In a suit filled by the company againgst the lender to recover money the defendant claimed that that the director is entitled to draw the cheque and that defendants were not bound to enquire into the validity of the payment . Discuss the validity of the suit be the company to recover the money
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started