Business and commercial law
What is meant by the terms 'sufficient cause' and 'bonafide payment'?
By  sakshi jaiswal  |  29 Nov 2016  |  Upvotes: 0  | 

1 Answer(s)

Ravindra Purohit

The term 'sufficient cause' means a good and reasonable cause which will satisfy the court about the conduct of a person being genuine and 'bonafide payment' means payment tendered genuinely and in good faith generally with the actual belief that the person to whom payment is being made is the actual owner or has valid right and title tot the particular thing or property.

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