26.11.2014 Views

Cheque

Cheque

Cheque

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

Claims against Collecting Bankers<br />

A person whose cheque has been stolen or<br />

forged has a valid claim against the wrong-doer<br />

but the wrong-doers often disappear. He then<br />

may claim from the collecting bankers.<br />

Two types of claims:<br />

Claims at common law: damages for the tort of<br />

conversion (a wrong committed by dealing a<br />

person’s s goods constituting an unjustifiable denial of<br />

his rights in them).<br />

Claim in equity: as constructive trustee, commits a<br />

breach of trust.

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!