Law Firm & Notary with 37 years of experience

logo

09:00 - 21:00

Monday to Saturday

No Image Available

Negotiable Instruments Act, 1881

 Powered By: Law House  Category: Banking/Financial, Bare Act, Consumer, Corporate, Property  Pages: 30  Country: India  Language: English  File Size: 685 Kb  Download
 Description:
Negotiable Instruments Act, 1881 is an act in India dating from the British colonial rule, that is still in force largely unchanged. Wikipedia
What is Negotiable Instrument Act 1881?
Negotiable Instruments Act, 1881 is a law relating to all negotiable instruments such as promissory notes, bills of exchange and cheques. The word “negotiable instrument” means a document which is transferable from one person to another. … Such a person can sue upon the instrument in his own name.
Features of Negotiable Instruments
  • Easily Transferable: A negotiable instrument is easily and freely transferable. …
  • Must be in Writing: All negotiable instruments must be in writing. …
  • Time of Payment must be Certain: If the order is to pay when convenient then such an order is not a negotiable instrument.
What are the four types of negotiable instruments?
Types of Negotiable Instruments. There are many types of negotiable instruments. The common ones include personal checks, traveler’s checks, promissory notes, certificates of deposit, and money orders.
Read Other Books:
 Back
Contact Info

The Complete Legal Solution

About Us

We are certified, bonded, authorised, professional, experienced and reliable Law Firm, Serving in Kolkata Area since 1984. We now provide Notary services in Kolkata area and rest of West Bengal including other 28 states of India and the list of services that we offer has grown to also include Affidavit, Agreement, Attestation, Will, Deed, Gift, Power of Attorney, Registration of Flat & Land, Marriage Registration, Divorce, Maintenance, Cyber Crime cases, Consumer cases etc.

Related Posts