Search results
Results from the WOW.Com Content Network
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
According to section 4 of India's Negotiable Instruments Act, 1881, "a Promissory Note is a writing (not being a bank note or currency note), containing an unconditional undertaking, signed by the maker to pay a certain sum of money only to or to the order of a certain person or the bearer of the instrument". [14]
Central Provinces Land-revenue Act 1881 18 Negotiable Instruments Act 1881 26 Indian Trusts Act 1882 2 Transfer of Property Act 1882 4 Indian Easements Act 1882 5 Powers-of-Attorney Act 1882 7 Presidency Small Cause Courts Act 1882 15 Land Improvement Loans Act 1883 19 Panjab District Boards Act 1883 20 Explosives Act 1884 4
Apart from this, certain holidays which are celebrated nationally are declared centrally by the Union Government. Additionally, various state governments and union territories designate additional holidays on local festivals or days of importance as holidays as per section 25 of the Negotiable Instruments Act, 1881.
In view of the General Assembly Elections in Maharashtra, the Government of Maharashtra via its notification dated September 29, 2009 declared the day of Polling i.e. Tuesday, October 13, 2009, a Public Holiday in the State under section 25 of the Negotiable Instruments Act, 1881.
Negotiable Instruments Act, 1881 This page was last edited on 5 November 2022, at 06:26 (UTC). Text is available under the Creative Commons Attribution ...
Law pertaining to negotiable instruments. ... Bankers' Books Evidence Act, 1891; ... Negotiable Instruments Act, 1881;
In commercial law, a holder in due course (HDC) is someone who takes a negotiable instrument in a value-for-value exchange without reason to doubt that the instrument will be paid. If the instrument is later found not to be payable as written, a holder in due course can enforce payment by the person who originated it and all previous holders ...