Negotiable Instrument Act 1881

Noting and Protest (Negotiable Instrument Act, 1881)

1) Noting - According to Section 99 of the Negotiable Instrument Act, 1881 when a promissory note or bill of exchange has been dishonored by…

1) Dishonor by non-acceptance (Section 91) A bill of exchange is said to be dishonored by non-acceptance when the drawees, or one of several…

Meaning and Definition of "Negotiable instrument" - According to section 13 of the negotiable instrument Act 1981, A “negotiable ins…

What is Hundi/Poorja - A Hundi may be defined as a bill of exchange drawn in a vernacular language in accordance with the custom of local me…

Meaning and Definition of Bank Draft - The Term 'Draft' has not been included in the definition of Negotiable Instruments given …

Meaning and definition of Negotiable Instrument - According to Black's dictionary of Law Negotiable instrument is written and signed t…

Compensation on Dishonor Chapter XII Compensation, Section 117 of the Negotiable Instruments Act 1881 provides the following rules …

What is cheque - A cheque is an order to a bank to pay a stated sum from drawer's account, written on a specially printed form…

What is Cheque - A cheque is an order to a bank to pay a stated sum from drawer's account, written on a specially printed form. There…

No Cheque Promissory Note 1 Meaning of Cheque – …

No Transferability Negotiability 1 Transferability is …

Meaning and Definition of Negotiation - According to Section 14 of Negotiable Instrument Act 188 "When a promissory note, bill o…

What is Endorsement - Endorsement means signing at the back of the instrument for the purpose of negotiation. The act of the signin…

Meaning of Endorsement - Endorsement means signing at the back of the instrument for the purpose of negotiation. The act of the s…

What is Bill of Exchange? Section 3(1) of the Bill of Exchange, Act 1882 defines - Bill of exchange is an unconditional order in writing, a…