Material alteration in negotiable instrument vis-à-vis judicial interpretation Kumar Atal Principal, Mewar Law College, Vasundhara, Ghaziabad, Uttar Pradesh, India Online published on 5 June, 2024. Abstract The judicial rulings concerning alterations in negotiable instruments highlight the critical imperative of preserving the credibility and dependability of these essential commercial instruments. Courts endeavour to strike a delicate equilibrium between safeguarding the interests of innocent parties and discouraging fraudulent alterations. Through meticulous assessments of the character and consequences of alterations, considering the rights and liabilities of involved parties, offering appropriate remedies, and leveraging precedents, courts affirm the trust and confidence bestowed upon negotiable instruments as indispensable instruments of commerce. This considered approach not only underscores the legal system's commitment to maintaining the integrity of negotiable instruments but also reinforces its pivotal role in fostering trust, facilitating transactions, and sustaining the reliability of commercial practices. Top Keywords Judicial Delusion Negotiable Instrument, Alteration Interpretation. Top |