Gujarat High Court has recently held that the contention that when a signed blank cheque leaf is handed over, it can never be filled up and that if it is filled up it would amount to a material alteration within the meaning of using Section 87 of the N.I. Act, does not stand to rhyme or reason. The Court said that it would depend upon the facts of each case.
Article referred: http://www.livelaw.in/filling-blank-cheque-discharge-legally-enforceable-debt-not-always-amounts-material-alteration-gujarat-hc/
Article referred: http://www.livelaw.in/filling-blank-cheque-discharge-legally-enforceable-debt-not-always-amounts-material-alteration-gujarat-hc/
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