Numerical of Chapter no 3 Negotiable Instruments What is Negotiable Instruments? The term negotiable instruments means a written document which entitles a person to a sum…
What is crossing of cheque? Crossing is a popular device for protecting the drawer and payee of a cheque. Both bearer and order cheques can be crossed.Crossing of a cheque…
1.W h a t is N e g o t ia b leIn s t r u m e n t s ? The term negotiable instruments means a written documentwhich entitles a person to a sum of money. A negotiable…
Negotiable Instruments Definition According to the section 13(1) of the Negotiable Instruments act of 1881A Negotiable instrument means a promissory note, Bill of exchange…
Slide 1 NEGOTIABLE INSTRUMENTS : CHEQUES Slide 2 CHEQUE Def: S73 - a bill of exchange drawn on a banker & payable on demand. Characteristics: – Unconditional order…