Promissory Note | Negotiable Instrument Act
Advocate Farheen Ansari
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Promissory Note | Negotiable Instrument Act
4 398 просмотров · 1 год назад
Advocate Farheen Ansari
99,9 тыс. подписчиков
4 398 просмотров · 1 год назад
Negotiable Instrument is a legal document that can be transferred from one person to another.
The term 'Negotiable' means "transferable". Section 13 of the Act includes 3 documents as Negotiable Instrument:
1. Promissory Note (Section 4)
2. Bill of Exchange (Section 5)
3. Cheque (Section 6)
Let's understand the meaning, definition and elements of Negotiable Iinstruments.
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