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Negotiable Instruments Act, 1881 Section 138

Title: Dishonour of cheque for insufficiency, etc., of funds in the account.—Where any cheque drawn by a person on an account

State: Central

Year: 1881

[a term which may be extended to two years’], or with fine which may extend to twice the amount of the cheque, or with both: Provided that nothing contained in this section shall apply unless- (a)...

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Negotiable Instruments Act, 1881 Complete Act

Title: Negotiable Instruments Act, 1881

State: Central

Year: 1881

Section1 - Short title.-This Act may be called the Negotiable Instruments Act, Section2 - The words “except the State of Jammu and Kashmir”, which were subs. by Act 3

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Negotiable Instruments Act, 1881 Section 76

Title: When presentment unnecessary.—No presentment for payment is necessary, and the instrument is dishonoured at the due

State: Central

Year: 1881

(a) if the maker, drawee or acceptor intentionally prevents the presentment of the instrument, or, if the instrument being payable at his place of business, he closes such place on a business

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Negotiable Instruments Act, 1881 Section 118

Title: Presumptions as to negotiable instruments.—Until the contrary is proved, the following presumptions shall be made:—

State: Central

Year: 1881

(a) of consideration:-that every negotiable instrument was made or drawn for consideration, and that every such instrument, when it has been accepted, indorsed, negotiated

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Negotiable Instruments Act, 1881 Section 12

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

State: Central

Year: 1881

13.“Negotiable instrument”.- 3 [(1) A “negotiable instrument” means a promissory note, bill of exchange or cheque payable either to order

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Negotiable Instruments Act, 1881 Section 47

Title: Negotiation by delivery.—Subject to the provisions of section 58, a promissory note, bill of exchange or cheque payable

State: Central

Year: 1881

value without notice of the condition) unless such event happens. Illustrations (a) A, the holder of a negotiable instrument payable to bearer, delivers it to B's agent to keep for B. The instrument has been negotiated. (b)

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Negotiable Instruments Act, 1881 Section 17

Title: Ambiguous instruments.—Where an instrument may be construed either as a promissory note or bill of exchange, the holder

State: Central

Year: 1881

17. Ambiguous instruments.-Where an instrument may be construed either as a promissory note or bill of exchange, the holder may at

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Negotiable Instruments Act, 1881 Section 43

Title: Negotiable instrument made, etc., without consideration.—A negotiable instrument made, drawn, accepted, indorsed or

State: Central

Year: 1881

Exception I.-No party for whose accommodation a negotiable instrument has been made, drawn, accepted or indorsed can, if he have paid the amount thereof, recover thereon such

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Negotiable Instruments Act, 1881 Section 58

Title: Instrument obtained by unlawful means or for unlawful consideration.—When a negotiable instrument has been lost, or has

State: Central

Year: 1881

58. Instrument obtained by unlawful means or for unlawful consideration.-When a negotiable instrument has been lost, or has been obtained

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Negotiable Instruments Act, 1881 Section 142

Title: Cognizance of offences.—1[

State: Central

Year: 1881

cases transferred to the court having jurisdiction under sub-section (2) of section 142, as amended by the Negotiable Instruments (Amendment) Ordinance, 2015 (Ord. 6 of 2015), shall be deemed to have been transferred under this Act, as

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