What is Material Alteration?


0

Material alteration refers to changes introduced on a cheque which affects its fundamental character. In other words, “any change in any instrument which makes it speak a different language, for all legal purposes from what it spoke originally” would constitute a material alteration. If the alteration is material, it renders the cheque invalid.


Like it? Share with your friends!

0
BMS Team

We, at BMS.co.in, believe in sharing knowledge and giving quality information to our BMS students. We are here to provide and update you with every details required by you BMSites! If you want to join us, please mail to [email protected].

296 Comments

Facebook comments: