NEGOTIABLE INSTRUMENTS ACT 1881
Definition of promissory note.
Definition of bills of exchange.
Definition of Cheque.
Definition of holder of bills of exchange.
Holder in due course.
Negotiation of bills of exchange.
Endorsement of bills of exchange.
Definition of negotiable instruments.
Incomplete or inchoate instruments.
Maturity of negotiable instruments.
Maturity of bill or note payable so smany months after date or sight. 24
Maturity of bill or note payable so many days after date or sight. 25
Deals with when day of maturity is a holiday.
Liability of agent signing.
Liability of legal representative.
Liability of drawer of a bill of exchange or cheque.
Liability on cheques.
Liability of maker of note and acceptor of bill.
who can be acceptors of bills of exchange.
Liability of endorser.
37 & 38
Liability of maker, drawer, and acceptor as principal debtors. 40
Discharge of endorser’s liability.
Effect of forged endorsement on acceptor’s liability.
Liability under accommodation bills / without consideration. 46, Para3
Who may negotiate bills of exchange.
NOTE1: ESCROW: A negotiable instrument which is delivered conditionally or for a special purpose as a collateral security or for a safe custody only and not for the purpose of transferring absolutely the property therein, is called ESCROW. 52
Endorsement in blank.
Negotiation of dishonoured or overdue instruments.
Period of negotiation.
Presentment of bills for acceptance.
Presentment of promissory note for sight/ instrument for payment. 85A
Definition of bank draft.
Dishonour of bills of exchange by...
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