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DEVELOPMENT BANK OF RIZAL v. SIMA WEI

This case has been cited 1 times or more.

2012-06-13
DEL CASTILLO, J.
Equitable argues that SSPI cannot assert a right against the bank based on the undelivered checks.[54]  It cites provisions from the Negotiable Instruments Law and the case of Development Bank of Rizal v. Sima Wei[55] to argue that a payee, who did not receive the check, cannot require the drawee bank to pay it the sum stated on the checks.