Models of Economic Development: Nehru vs. Gandhi
You need to realise that Nehru–Mahalanobis model of development appeared as the driving force of the strategy of development…
You need to realise that Nehru–Mahalanobis model of development appeared as the driving force of the strategy of development…
A change which alters the legal identity or business character of the instrument, or which may affect the contract in the in…
In the case of negotiable instruments, the term discharge from liability has two connotations: 1) discharge of one or more …
Protest is a formal certificate issued by the Notary public to the holder of the bill on his demand the Certificate contains…
When a promissory note or bill of exchange has been dishonoured by non-acceptance or non-payment, the holder may cause such …
Section 93 deals with cases of dishonour of negotiable instruments, either by non-acceptance or by non-payment. The law requ…
Dishonour by Non-acceptance A bill can be dishonoured by non-acceptance in several ways, as discussed below: 1) If a bill …
Corresponding to acceptance for honour, there are specific provisions regarding payment for honour. Acceptance for honour is…
The general rule is that a negotiable instrument must be presented for payment to the maker, acceptor or drawee, by or on be…
In order to constitute a valid presentment for payment, the document must be actually presented so as to enable the person p…
Section 64 states that the instrument must be properly presented for payment. The object of presentment is to give the conce…
Acceptor for Honour As you know, a bill can be accepted only by drawee. But, when a bill of exchange has been noted or prot…
In the absence of presentment, where presentment is not dispensed with, not only the drawer and all endorsers are discharged…
Qualified acceptance may be classified in the following lines 1. Conditional acceptance, 2. Partial acceptance, 3. Qualif…
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