Negotiable Instruments Act 1881: Characteristics, Presumption, Types, Differences, Parties
What is Negotiable Instruments Act 1881? According to Section 13 (a) of the Act, “Negotiable instrument means a promissory note, bill of exchange or cheque payable either to order or to bearer, whether the word “order” or “ bearer” appears on the instrument or not.” In the words of Justice, Willis, “A negotiable instrument is … Read more