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Parliament enacted the Negotiable Instruments (Amendment and Miscellaneous Provisions) Act, 2002 (55 of 2002), which is intended to plug the loopholes. This amendment Act inserts five new sections from 143 to 147 touching various limbs of the parent Act and Cheque truncation through digitally were also included and the amendment Act was into ...
Sahyog means co-operation in Hindi and Gujrati, the predominant [6] languages of traders. The hundi is so named because it required the co-operation of multiple parties to ensure that the hundi has an acceptable risk and fairly good likelihood of being paid, in the absence of a formalized credit monitoring and reporting framework.
2002: 33 Haj Committee Act: 2002: 35 Foreign Aircraft (Exemption from Taxes and Duties on Fuel and Lubricants) Act: 2002: 36 Multi-State Co-operative Societies Act: 2002: 39 Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act: 2002: 54 Unit Trust of India (Transfer of Undertaking and Repeal) Act: 2002: 58
This is a category of articles concerning acts of Parliament (laws enacted by the Parliament of India in 2002). For more general discussion of Indian legal topics, see Category:Law of India and its other subcategories.
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 ...
The act also provides for the appointment of the Banking Ombudsman, who is responsible for resolving complaints against banks. [81] Negotiable Instruments Act, 1881: This act governs the use and transfer of negotiable instruments such as cheques, promissory notes, and bills of exchange. It provides for the rights and obligations of parties to ...
Negotiable instruments and shares in corporations. 77 Sale by public auction. 78 Irregularity not to vitiate sale, but any person injured may sue. 79 Delivery of movable property, debts and shares. 80 Transfer of negotiable instruments and shares. 81 Vesting order in case of other property.
Bankers' Books Evidence Act, 1891; Bills of Exchange Act 1882; Blank endorsement; Burton v. United States ... Negotiable Instruments Act, 1881; Note issuance facility ...