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Negotiable Instruments Act, 1881 is an act in India dating from the British colonial rule, that is still in force with significant amendments recently. It deals with the law governing the usage of negotiable instruments in India. The word "negotiable" means transferable and an "instrument" is a document giving legal effect by the virtue of the law
Print/export Download as PDF; ... Negotiable Instruments Act, 1881; O. ... Pitt's India Act; Prevention of Seditious Meetings Act, 1907; Punjab Land Alienation Act ...
In the Commonwealth of Nations almost all jurisdictions have codified the law relating to negotiable instruments in a Bills of Exchange Act, e.g. Bills of Exchange Act 1882 in the UK, Bills of Exchange Act 1890 in Canada, Bills of Exchange Act 1908 in New Zealand, Bills of Exchange Act 1909 in Australia, [2] the Negotiable Instruments Act, 1881 in India and the Bills of Exchange Act 1914 in ...
First Factory Act (1881) Negotiable Instruments Act, 1881; First complete Census in India (1881) Repeal of the Vernacular Press Act (1882) Establishment of Panjab University (1882) Government resolution on local self-government (1882) [16] Appointment of Education Commission under Sir William Wilson Hunter (1882) [17] Ilbert Bill (1883) Passed ...
Securities and Exchange Board of India Act: 1992: 15 Cess and Other Taxes on Minerals (Validation) Act: 1992: 16 National Commission for Minorities Act: 1992: 19 Foreign Trade (Development and Regulation) Act: 1992: 22 Special Court (Trial of Offences Relating to Transactions in Securities) Act: 1992: 27 Rehabilitation Council of India Act ...
Indian Stamp Act, 1899: This act regulates the payment of stamp duty on various financial instruments, such as promissory notes, bills of exchange, and share certificates. Negotiable Instruments Act, 1881: This act governs the use of negotiable instruments, such as cheques, bills of exchange, and promissory notes, in financial transactions.
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Post-dated cheques in Indian law are considered under the Negotiable Instruments Act, 1881.Post-dated cheques are common and enforceable. [9] In 1998, the Supreme Court ruled that a post-dated cheque is a bill of exchange and does not become payable on demand until the date written on the cheque