Section 25 of negotiable instrument act
Webthe meaning of Section-25 of the Negotiable Instruments Act 1881. By order, Prabodh Saxena Chief Secretary, Government of Himachal Pradesh. No. GAD-A(F) 10-9/2024 Dated Shimla-171002, the 12th April, 2024. Copy for information & necessary action is forwarded to the:-I. All Administrative Secretaries to the Government ofHimchal Pradesh. 2. WebSection 25 of Negotiable Instruments Act 1881: "When day of maturity is a holiday". When the day on which a promissory note or bill of exchange is at maturity is a public holiday, …
Section 25 of negotiable instrument act
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Web18 Jun 2012 · To prove the offence under Section 138 of the Negotiable Instruments Act, three conditions have to be fulfilled: firstly the cheque has been presented to the Bank within a period of six months from the date on which it is drawn or within the period of its validity whichever is earlier; secondly the payee or the holder in due course of the cheque, as the … Web11 Apr 2024 · Kanwar Inder Singh/ April 11,2024. Government of India has declare a pan India holiday on April 14,2024 under section 25 of the negotiable instruments act 1881 in all its offices. (royalpatiala.in News) Previous article.
WebIndian Kanoon - Search engine for Indian Law Web15 Jan 2024 · The Negotiable Instrument Act was first developed in 1866 and became law in December 1881. Although it is originally a colonial law. The Negotiable Instrument Act …
WebUnder the Explanation to Section 25 of the Negotiable Instruments Act, 1881 (Central Act XXVI of 1881) read with the Government of India, Ministry of Home Affairs Notification No.20-25/26/Pub.I, dated 8-6-1957, the Government of Telangana hereby declare that in addition to expressly defined Public WebThe Negotiable Instruments (Amendment) Act, 2024 which came into effect from September 1, 2024 allows the Court trying an offence related to cheque bouncing, to …
Web31 May 2024 · Section 4 of the Negotiable Instruments Act 1881 defines the promissory note, “A promissory note is an instrument in writing (note being a bank-note or a currency note) containing an unconditional undertaking, signed by the maker, to pay a certain sum of money to or to the order of a certain person, or to the bearer of the instruments ...
WebTHE NEGOTIABLE INSTRUMENTS ACT, 1881 ACT NO. 26 OF 18811 [9th December, 1881.] An Act to define and amend the law relating to Promissory Notes, Bills of Exchange and … razor head shave femaleWebA bill of exchange cannot be made payable to the bearer on 1 f 2 demand though it can be made payable to the bearer after a certain time. 3. But a cheque {though a bill of exchange} payable to bearer or demand can be … razor head shave menWeb27 Sep 2024 · The Act aims to create the legal provisions for the negotiable instruments system that is currently in operation throughout the country. The regulatory laws would … razor heads hq8Web14 Apr 2024 · The earned counsel for the appellant argued that the trial court has taken a hyper-technical view as it failed to appreciate that the notice which was issued had all the ingredients of the provisions of the NI Act, and just because one line was missing that is the demand of money, it does not mean that the same did not amount to statutory … simpsons throw blanketWebAns. Promissory Note : Section 4 of Negotiable Instruments Act, 1881 defines the term `Promissory Note' as :- "A `promissory note' is an instrument in writing (not being a bank- note or a currency note) containing an unconditional undertaking signed by the maker, to pay a certain sum of money only to, or to the order of, a certain person, or to the bearer of the … razor head shaveWebSECTION 1. Form of negotiable instrument. ... 25. Value, what constitutes.—Value is any consideration sufficient to support a simple contract. An antecedent or preexisting debt constitutes value; and is deemed such whether the instrument is payable on demand or at a future time. ... — The provisions of this Act do not apply to negotiable ... razor heads in carry on luggageWeb21 Jun 2024 · Section 13 of the Negotiable Instruments Act defines negotiable instruments as “ a promissory note, bills of exchange or cheque payable either to order or to bearer”. A … simpsons three eighth rule