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Any material alteration of a negotiable instrument renders the same void as against anyone who is a party thereto at the time of making such alteration and does not consent thereto, unless it was made in order to carry out the common intention of the original parties; Alteration by indorsee.
Material alteration is any change in written instrument which makes it to speak different legal language from that of the original e.g. altering the date of instrument, altering sum payable, altering place of payment, altering time of payment. Any material alteration of a negotiable instrument renders the same.
What are the Different Types of Alteration in Share Capital? Increasing of Authorized Share Capital. Consolidation of Share Capital. Conversion of Share Capital. Sub-division of Share Capital. Cancellation of Share Capital.
Any material alteration of a negotiable instrument renders the same void as against anyone who is a party thereto at the time of making such alteration and does not consent thereto, unless it was made in order to carry out the common intention of the original parties; Alteration by indorsee.
A change in the meaning or language of a legal document, such as a contract, deed, lease, orcommercial paper, that is made by one party to the document without the consent of the other after it has been signed or completed.

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People also ask

The face of an instrument is changed by its alteration. A difference in handwriting, a change in words or figures, an erasure, and the striking out of particular words are some methods used to alter an instrument.
The term forgery is used when a genuine document has been altered by deletion, addition, or substitution. Deletion is accomplished by erasure, scraping, or bleaching. Included in the different types of additions are transfers, actual addition, and overwriting.
The definition of an alteration is a revision. Remodeling a house is an example of an alteration.
The main effect of a material alteration is that it makes the instrument void, i.e., it discharges the instrument itself as against any person who was a party to such instrument at the time of material alteration and did not give his approval to it.
Alteration A modification made to a document by physical, chemical or mechanical means. Collected Known Specimens/Standards Documents created in the normal course of a persons business activities or daily living. These typically reflect the true writing habits of the individual.

Related links

28:3407. Alteration. | D.C. Law Library

(a) Alteration means (i) an unauthorized change in an instrument that purports to modify in any respect the obligation of a party, or (ii) an unauthorized

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3-406. NEGLIGENCE CONTRIBUTING TO FORGED

(a) A person whose failure to exercise ordinary care substantially contributes to an alteration of an instrument or to the making of a forged signature on

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PMPL8e2008 320 Whaley Chap 3 HIDC - UserManual.wiki

A holder in due course is a holder who takes an instrument without apparent evidence of forgery or alteration for value, in good faith,

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