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1998 (4) TMI 569 - HC - Indian LawsExtract: .......ction 118(b) of the Act. 22. We, therefore, hold that insertion of a date on an undated cheque would not amount to material alteration, since the holder in due course has got implied authority to do so, unless it is otherwise proved by the drawer of the cheque. Consequently, we uphold the judgment of the learned single judge and dismiss the appeal.
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