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Ayesha draws a cheque for Rs. 3,000 and Tayyab, a holder, without the consent of Ayesha, alters the figure into Rs. 30,000 and makes the
Ayesha draws a cheque for Rs. 3,000 and Tayyab, a holder, without the consent of
Ayesha, alters the figure into Rs. 30,000 and makes the instrument look like a cheque
drawn for Rs. 30,000. The banker pays cheque in due course.
Is Ayesha now liable to pay Rs. 30,000 to Tayyab? Why or why not?
If the banker processes that cheque and pays Rs. 30,000 to Tayyab, what right Ayesha
has against the banker? Explain.
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