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Negotiable Instrument Act 1881

Promissory Note: Meaning Definition and Essentials of a Promissory note

1) Introduction -  Meaning and Definition of Promissory Note -               Negotiable Instrument Act defines promissory note, According to Sec…

Liability of parties to Negotiable Instruments

"Negotiable Instrument" means a piece of paper in writing entitling a right to the holder, a certain sum of money. It is a piece of pa…

Difference between Promissory Note and bill of exchange

No           Promissory Note            Bill of exchange  1 Promissory note contains a promise or unde…
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