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BANK OF AMERICA (NATIONAL TRUST AND SAVINGS ASSOCIATION VS NIGERIAN TRAVEL AGENCIES LIMITED

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BANK OF AMERICA (NATIONAL TRUST AND SAVINGS ASSOCIATION VS NIGERIAN TRAVEL AGENCIES LIMITED

Legalpedia Citation: (1967-05) Legalpedia 10736 (SC)

In the Supreme Court of Nigeria

Holden at Abuja

Wed May 10, 1967

Suit Number: SC 407/1965

CORAM


BRETT JUSTICE, SUPREME COURT

COKER JUSTICE, SUPREME COURT

LEWIS JUSTICE, SUPREME COURT


PARTIES


APPELLANTS


NIGERIAN TRAVEL AGENCIES LTD

RESPONDENTS 


AREA(S) OF LAW


LAW OF BANKING, CRIMINAL LAW-  FORGERY

 


SUMMARY OF FACTS

Two directors of the respondent whose authority to sign cheques on behalf of the company had been withdrawn, signed cheques on behalf of the company for the benefit of one of them.

 


HELD


The court held that the respondent was not liable to pay on the cheques as they were forgeries.

 


ISSUES


Whether the learned judge of appeal was right to hold that the cheques were forged and that the respondent established the defence under section 24 of the Bills of Exchange Act.

 


RATIONES DECIDENDI


WHAT CONSTITUTES FORGERY OF A CHEQUE


‘A document or writing is said to be false if the whole or some material part of the document or writing purports to be made by or on behalf of some person who did not make it or authorise it to be made, or if, in a case where the time or place of making is material, although the document or writing is made by or by the authority of the person by whom it purports to be made, it is with fraudulent Intent falsely dated as to the time or place of making.’ Per Lewis J.S.C

 


CASES CITED


Morison v. London County and Westminster Bank Limited [1914]3 K. B. 356

 


STATUTES REFERRED TO


1. The Criminal Code

2. The Bills of Exchange Act

 


CLICK HERE TO READ FULL JUDGMENT

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