INTERPRETATION OF A COURT DECISION ON ADDUCEMENTS IN COMMERCIAL DOCUMENTS
Abstract
Transfering of commercial bill is possible by endorsement , which is a formal manner passing the document contains regardless to its cause .
This commercial typs of action has been given rise to an inflexible rule called as (Inattention to adducements) and also has been interpreted as widely as possible during 70 years ago. But in the recent years a court in its decision has distinguished between essential adducements of cheque and those of in transferring hands and in spite of our judicial tradition and precedence has decided to restoration of waste of beared cheque.
Therefore such a judgement as a new point of view will be deserved to be considered and interpreted which this essay effort is to put it forword.