Instant SSL
Banking Law

Banking Law (63)

HELD:

"It is trite law that a bank is entitled to charge interest on any loan until the credit facility granted the customer is liquidated.

HELD:

"The imposition of withdrawable cash limits after collection of the old notes, amounts to a scheme to entrap and not allow much of such funds to come out of the banking system.

HELD:

"The law of Dishonoured Cheques does not work on assumption, upon presentation of a cheque, it carries with it a level of responsibility and care in dealing with such instruments hence the act was criminalized.

HELD:

"The law of Dishonoured Cheques does not work on assumption, upon presentation of a cheque, it carries with it a level of responsibility and care in dealing with such instruments hence the act was criminalized.

HELD:

"...It is apropos, having cleared the coast, to mine out the provision of Section 48 of the Bills of Exchange Act, verbatim ac litteratim, as follows: 48. Notice of dishonour and effect of non-notice.

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