Question
Bank ABC encountered some legal issues that needed your advice. Using Bills of Exchange Act 1949 and any relevant law, relate to Bank ABC the
Bank ABC encountered some legal issues that needed your advice. Using Bills of Exchange Act 1949 and any relevant law, relate to Bank ABC the legal affects of the following issues:
a)A cheque is dated 1 January 2018 and wanted to be drawn by the holder/payee (Mr. Andrew) in 5 March 2020
b)Mr. Kendrick, their customer alleged that Bank ABC honoured 27 forged (fake) cheques from his account to a few payees, over a period of two years
c)A cheque with the amount of RM10, 000 was drawn on Bank ABC on 1 March 2020, however, the drawer/payor (Ms. Leila) is declared bankrupt the next day (2March 2020).
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