Lesotho Bank (1999) Limited v Boliba Multi-Purpose Cooperative Society (C of A (CIV) 43 of 2011) [2012] LSCA 7 (27 April 2012)

Lesotho Bank (1999) Limited v Boliba Multi-Purpose Cooperative Society (C of A (CIV) 43 of 2011) [2012] LSCA 7 (27 April 2012)

The evidence established that the July cheques were indeed forgeries. The bank, having paid out on forged cheques, was not entitled to debit the customer's account and was liable for the loss.

Source-derived case information.

Citation
[2012] LSCA 7
Parties
Appellant: Lesotho Bank (1999) Limited; Respondent: Boliba Multipurpose Cooperative Society
Court
Court of Appeal
Jurisdiction
Lesotho
Case Number
C of A (CIV) 43 of 2011
Procedural Posture
Civil Appeal / Judgment
Outcome
appeal dismissed
Legal Topics
Forgery of Cheques, Bank Liability, Customer Account Debiting
Source Language
en
Banking Law Commercial Law Forgery of Cheques Bank Liability Customer Account Debiting

Source-derived case record

Summary, issues, holding and outcome

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Parties

Lesotho Bank (1999) Limited

Appellant

Boliba Multipurpose Cooperative Society

Respondent

Procedural Posture

Civil Appeal / Judgment

  1. 1 Whether the July cheques were forgeries
  2. 2 Whether the bank was liable for debiting the customer's account based on forged cheques

Ratio Decidendi

The evidence established that the July cheques were indeed forgeries. The bank, having paid out on forged cheques, was not entitled to debit the customer's account and was liable for the loss.

Court Disposition

appeal dismissed

Orders

  • Appeal dismissed with costs.