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Law (sections And Act) > Negotiable Instrument > Flashcards

Negotiable Instrument Flashcards

1
Q

Negotiable instrument 1881

A

Section 13

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2
Q

Negotiable instrument came into force on?

A

1st March 1881

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3
Q

Promissory note

A

Section 4

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4
Q

Cheque

A

Section 6

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5
Q

Bearer and order instrument

A

Section 13

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6
Q

Inland and foreign instrument

A

Section 11& 12

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7
Q

Liability of maker/drawer of foreign bill

A

Section 134

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8
Q

Negotiation of negotiable instrument

A

Section 14

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9
Q

Negotiation by delivery

A

Section 47

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10
Q

Importance of delivery by negotiation

A

Section 46

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11
Q

Negotiation by endorsement

A

Section 48

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12
Q

Negotiation by endorsement

A

Section 48

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13
Q

Dishonour of cheque due to insufficiency

A

Section 138

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14
Q

Presumption in favour of holder

A

Section 139

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15
Q

Defence in presumption

A

Section 140

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16
Q

Presentment of acceptance

A

Section 61

17
Q

Presentment of Promissory note for sight

A

Section 62

18
Q

Drawee’s time for deliberation

A

Section 63

19
Q

Presentment for payment

A

Section 64

20
Q

Hours for presentment

A

Section 65

21
Q

Presentment for payment of instrument payable after date or sight.

A

Section 66

22
Q

Presentment for payment of promissory note payable by instalments

A

Section 67

23
Q

Presentment for payment of instrument payable at specified place and not elsewhere

A

Section 68

24
Q

Instrument payable at specified place

A

Section 69

25
Q

Presentment where no exclusive place specified

A

Section 70

26
Q

Presentment when maker, etc., has no known place of business or residence

A

Section 71

27
Q

Presentment of cheque to charge drawer

A

Section 72

28
Q

Presentment by or to agent, representative of deceased, or assignee of insolvent

A

Section 75

29
Q

Presentment of cheque to charge any other person

A

Section 73

30
Q

Presentment of instrument payable on demand

A

Section 74

31
Q

Excuse for delay in presentment for acceptance or payment

A

(Section 75A)

32
Q

When presentment unnecessary

A

Section 76

33
Q

Liability of banker for negligently dealing with bill presented for payment

A

Section 77

34
Q

Rules as to compensation

A

Section117

Law (sections And Act) (1 decks)

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