What Are The Types Of Negotiable Instruments?

Introduction The Negotiable Instruments Act was enacted, in the year 1881 and came into force on 1st March 1882, in India. The main objective of the act was to give legal protection to mercantile instruments and the main source of …

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When Does Cheque Bouncing Occur?

WHAT IS BOUNCED CHEQUE The bounced cheque occurs when there is insufficient fund in the respective account. Bank doesn’t accept a cheque in which there are no sufficient funds in the account and bank return these cheques are also known …

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Penalties For Dishonour Of Cheque.

INTRODUCTION Checks are utilized in practically all exchanges, for example, re-installment of advance, installment of compensation, charges, expenses, and so on. A greater part of checks are handled and cleared by banks on regular routine. Checks are given for the …

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What Is The Time Limit For A Cheque Bounce Case

Introduction A cheque is a means of trade that facilitates cashless transactions in the economy. The usage of tests as a form of trade has grown over time. People tend to offer cheque in purchases instead of holding currencies. Delivery …

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