IBC Laws - The mere fact that the collecting bank has made a payment to its customer who deposited the tampered cheque does not raise an estoppel against the paying bank if later on it is found that the cheque is forged - M/s Adya Global Export Inc. & Anr Vs. Canara Bank

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The mere fact that the collecting bank has made a payment to its customer who deposited the tampered cheque does not raise an estoppel against the paying bank if later on it is found that the cheque is forged – M/s Adya Global Export Inc. & Anr Vs. Canara Bank – High Court of Delhi