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Showing 1–2 of 2 articles for “presumption of delivery”

Negotiable Instruments and the Presumption of Delivery: Protecting Payees’ Rights

The Supreme Court clarifies that dismissal for lack of cause of action requires trial, and that delivery of negotiable instruments is presumed under Section 16 of the NIL.

Forged Endorsements and the Presumption of Delivery in Negotiable Instruments

A look at Asia Brewery v. Equitable PCI Bank on the presumption of delivery and when courts may dismiss for lack of cause of action.