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Negotiable Instruments Act, 1881 Section 12

Title: "foreign Instrument."

State: Central

Year: 1881

Any such instrument not so drawn, made or made payable shall be deemed to be a foreign instrument.

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Negotiable Instruments Act, 1881 Complete Act

Title: Negotiable Instruments Act, 1881

State: Central

Year: 1881

.....for unlawful consideration Section59 - Instrument acquired after dishonour or when overdue Section60 - Instrument negotiable till payment or satisfaction Chapter V Section61 - Presentment for acceptance Section62 - Presentment of promissory note for sight Section63 - Drawee's time for deliberation Section64 - Presentment for payment Section65 - Hours for presentment Section66 - Presentment for payment of instrument payable after date or sight Section67 - Presentment for payment of promissory note payable by instalments Section68 - Presentment for payment of instrument payable at specified place and not elsewhere Section69 - Instrument payable at specified place Section70 - Presentment where no exclusive place specified Section71 - Presentment when maker, etc., has no known place of business or residence Section72 - Presentment of cheque to charge drawer Section73 - Presentment of cheque to charge any other person Section74 - Presentment of instrument payable on demand Section75 - Presentment by or to agent, representative of deceased, or assignee of insolvent Section75A - Excuse for delay in presentment for acceptance or payment Section76 - When presentment.....

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Negotiable Instruments Act, 1881 Section 134

Title: Law Governing Liability of Maker, Acceptor or Indorser of Foreign Instrument

State: Central

Year: 1881

In the absence of a contract to the contrary, the liability of the maker of dr awer of a foreign promissory note, bill of exchange or cheque is regulated in all essential matters by the law of the place where he made the instrument, and the respective liabilities of the acceptor and indorser by the law of the place where the instrument is made payable. Illustration A bill of exchange was drawn by A in California where the rate of interest is 25 per cent, and accepted by B, payable in Washington where the rate of interest is 6 per cent. The bill is indorsed in '[India], and is dishonoured. An action on the bill is brought against B in1[India]. He is liable to pay interest at the rate of 6 per cent, only; but if A is charged as drawer, A is liable to pay interest at the rate of 25 per cent. ___________________ 1. Substituted by Act 3 of 1951, sec. 3 and Sch., for "the States".

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Negotiable Instruments Act, 1881 Complete Act

State: Central

Year: 1881

.....but indorsed the bill to A. A's title is subject to the same objection as the drawer's title. SECTION 60: INSTRUMENT NEGOTIABLE TILL PAYMENT OR SATISFACTION A negotiable instrument may be negotiated (except by the maker, drawee or acceptor after maturity) until payment or satisfaction thereof by the maker, drawee or acceptor at or after maturity, but not after such payment or satisfaction. SECTION 61: PRESENTMENT FOR ACCEPTANCE A bill of exchange payable after sight must, if no time or place is specified therein for presentment, be presented to the drawee thereof for acceptance, if he can, after reasonable search, be found, by a person entitled to demand acceptance within a reasonable time after it is drawn, and in business hours on a business day. In default of such presentment, on party thereto is liable thereon to the person making such default. If the drawee cannot, after reasonable search, be found, the bill is dishonoured. If the bill is directed to the drawee at a particular place, it must be presented at that place, and if at the due date for presentment he cannot, after reasonable search, be found thereon, the bill is dishonoured,20[Where authorised by agreement or.....

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The Foreign Trade (Development and Regulation) Amendment Act, 2010 No. 25 of 2010[19th August, 2010.] Complete Act

Title: The Foreign Trade (Development and Regulation) Amendment Act, 2010 No. 25 of 2010[19th August, 2010.]

State: Central

Year: 2010

.....any person for the purposes of exercising such powers with respect to,-(a) entering such premises where the goods are kept, stored or processed, manufactured, traded or supplied or received for the purposes of import or export and searching, inspecting and seizing of such goods, documents, things and conveyances connected with such import and export of goods;(b) entering such premises from which the services or technology are being provided, supplied, received, consumed or utilised and searching, inspecting and seizing of such goods, documents, things and conveyances connected with such import and export of services and technology, subject to such requirements and conditions and with the approval of such officer, as may be prescribed:Provided that the provisions of clause (b) shall be applicable, in case of import of export of services or technology, only when the service or technology provider is availing benefit under the foreign trade policy or is dealing with specified services or specified technologies. 12. Subsitution of new section for section 11. - For section 11 of the principal Act, the following section shall be substituted, namely:-11. Contravention of provisions of.....

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Foreign Exchange Regulation Act, 1973 [Repealed] Repealing Act 1

Title: Foreign Exchange Management Act, 1999

State: Central

Year: 1973

.....notification, direction or order made thereunder, and where (he said person refuses to comply with any such requirement or makes only unsatisfactory compliance therewith the authorised person shall refuse in writing to undertake the transaction and shall, if he has reason to believe that any such contravention or evasion as aforesaid is contemplated by the person, report the matter to the Reserve Bank. (6) Any person, other than an authorised person, who has acquired or purchased foreign exchange for any purpose mentioned in the declaration made by him to authorised person under sub-section (5) does not use it for such purpose or does not surrender it to authorised person within the specified period or uses the foreign exchange so acquired or purchased for any other purpose for which purchase or acquisition of foreign exchange is not permissible under the provisions of the Act or the rules or regulations or direction or order made thereunder shall be deemd to have committed contravention of the provisions of the Act for the purpose of this section. 11. Reserve Bank's powers to issue directions to authorised person (1) The Reserve, Bank may, for the purpose of.....

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Negotiable Instruments Act, 1881 Chapter II

Title: Of Notes, Bills and Cheques

State: Central

Year: 1881

.....to the order of, a certain person or to the bearer of the instrument. A promise or order to pay is not "conditional", within the meaning of this section and section 4, by reason of the time for payment of the amount or any instalment thereof being expressed to be on the lapse of a certain period after the occurrence of a specified event which, according to the ordinary expectation of mankind, is certain to happen, although the time of its happening may be uncertain. The sum payable may be "certain", within the meaning of this section and section 4, although it includes future interest or is payable at an indicated rate of exchange, or is according to the course of exchange, and although the instrument provides that, on default of payment of an instalment, the balance unpaid shall become due. The person to whom it is clear that the direction is given or that payment is to be made may be a "certain person", within the meaning of this section and section 4, although he is mis-named or designated by description only. Section 6 - "Cheque" 1[ 6 . "Cheque" A "cheque" is a bill of exchange dr awn on a specified banker and not expressed to be payable other wise than on.....

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Negotiable Instruments Act, 1881 Section 104

Title: Protest of Foreign Bills

State: Central

Year: 1881

Foreign bills of exchange must be protested for dishonour when such protest is required by the law of the place where they are drawn.

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Negotiable Instruments Act, 1881 Section 137

Title: Presumption as to Foreign Law

State: Central

Year: 1881

The law of any foreign country 1 [* * *] regardingpromissory notes, bills of exchange and cheques shall be presumed to be thesame as that of 2 [India], unless and until the contrary is proved. ___________________ 1. The words "or theState of Jammu and Kashmir" omitted by Act 62 of 1956, sec.2 and Sch. 2. Substituted by Act3 of 1951, sec. 3 and Sch., for "the States".

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The Foreign Contribution (Regulation) Act, 2010 No. 42 of 2010[26th September, 2010.] Complete Act

Title: The Foreign Contribution (Regulation) Act, 2010 No. 42 of 2010[26th September, 2010.]

State: Central

Year: 2010

.....(c) of section 9 or section 18; or(b) seeks prior permission or registration by means of fraud, false representation or concealment of material fact,shall, on conviction by a court, be liable to imprisonment for a term which may extend to six months or with fine or with both. 34. Penalty for article or currency or security obtained in contravention of section 10. - If any person, on whom any prohibitory order has been served under section 10, pays, delivers, transfers or otherwise deals with, in any manner whatsoever, any article or currency or security, whether Indian or foreign, in contravention of such prohibitory order, he shall be punished with imprisonment for a term which may extend to three years, or with fine, or with both; and notwithstanding anything contained in the Code of Criminal Procedure, 1973, the court trying such contravention may also impose on the person convicted an additional fine equivalent to the market value of the article or the amount of the currency or security in respect of which the prohibitory order has been contravened by him or such part thereof as the court may deem fit. 35. Punishment for contravention of any provi-sion of the Act. -.....

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