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Acceptance of bill of exchange

Acceptance of bill of exchange, 'Acceptance' in regard to a bill of exchange does not'mean 'taking' or 'receiving'. Acceptance of a bill of exchange is the signification by the drawee of his assent to the order of the drawer. It is the act by which the drawee evinces his consent to comply with, and be bound by, the request contained in a bill of exchange directed to him, and is the drawee's agreement to pay the bill when it falls due. In commercial parlance acceptance of a bill of exchange is the drawee's signed engagement to honour the draft as presented, American Express Bork Ltd. v. Calcutta Steel Co., (1993) 2 SCC 199 (207). [Negotiable Instruments Act, 1881, ss. 7, 32, 33]...


Bill of health

Bill of health, 'a certificate or instrument, signed by consuls or other proper authorities, delivered to the masters of ships at the time of their clearing out from ports or places suspected of being particularly subject to infectious disorders, certifying the state of health at the time that such ship sailed. A clean bill imports that at the time the ship sailed no infectious disorder was known to exist. A suspected bill, commonly called a touched patent or bill, imports that there were rumours of an infectious disorder, but it had not actually appeared. A foul bill, or the absence of a clean bill, imports that the place was infected when the vessel sailed.'-McCull. Com. Dict. see QUARANTINE....


Inland Bill of Exchange

Inland Bill of Exchange, 'a bill which on the face of it purports to be (a) both drawn and payable within the British Islands; or (b) drawn within the British Islands upon some person resident therein.'-Bills of Exchange Act, 1882 (45 & 46 Vict. c. 61), s. 4. Any other bill is a foreign bill, but unless the contrary appear on the face of the bill the holder may treat it as an inland bill, Ibid....


Lost Bill of Exchange, Cheque, or Promissory Note

Lost Bill of Exchange, Cheque, or Promissory Note. The (English) Bills of Exchange Act, 1882, s. 69, replacing the repealed 9 & 10 Wm. 3, c. 17, s. 3, enacts that if a bill of exchange, or cheque, or note, be lost before it is overdue, 'the person who was the holder of it may apply to the drawer to give him another bill (or cheque, or note) of the same tenor, giving security to the drawer, if required, to indemnify him against all persons whatever in case the bill (or cheque, or note) alleged to have been lost shall be found again'; and that 'if the drawer on request as aforesaid refuses to give such duplicate bill (or cheque, or note), he may be compelled to do so.' By s. 70 of the same Act, re-enacting 17 & 18 Vict. c. 125, s. 87, 'in any action or proceeding on' a bill (or cheque, or note), the Court may order that the loss of the instrument shall not be set up, provided an indemnity be given to the satisfaction of the Court against the claims of any other person upon the instrument...


Bill in criminal cases

Bill in criminal cases. Grand Juries were abolished by the (English) Administration of Justice (Miscellaneous Provisions) Act, 1933 (23 & 24 Geo. 5, c. 36), from 1st September, 1933, except in certain cases [s. 1 (9)]. S. 2 of the Act provides for the new procedure. Until this Act was passed the bill was an indictment of a crime or misdemeanour preferred to a grand jury; evidence in support of it was adduced; if the grand jury thought it a groundless accusation, they endorsed 'not a true bill,' or 'not found,' and then the party was discharged without further answer, but a fresh bill might afterwards be preferred to a subsequent grand jury. If they were satisfied of the truth of the accusation, they then endorsed upon it 'a true bill'; the indictment was then said to be found and the party stood his trial....


Cross-bill

Cross-bill, answering to the reconventio of the CanonLaw, as a mode of defence by cross-examination, was one filed by a defendant in the Court of Chancery against the plaintiff or other defendants in the same suit, either to obtain (1) a necessry discovery of facts in aid of his defence to the original bill; or (2) full relief to all parties, touching the mattes of the original bill. See now COUNTERCLAIM.Also a bill of exchange given in consideration of another bill....


Bills of mortality

Bills of mortality, returns of the deaths which occur within a certain district.It was with the view of communicating to the inhabitants of London, to the Court, and the constituted authorities of the city, accurate information respecting the increase or decrease in the number of deaths and the casualties of mortality occurring amongst them, that the bills of mortality were commenced in London after a visitation of the plague in 1592, but they were not continued uninterruptedly until the occurrence of another plague in 1603, from which period, up to the present time, they have been continued from week to week; excepting during the Great Fire, when the deaths of two or three weeks were given in one bill.In 1605, the parishes comprised within the bills of mortality included the 97 parishes within the walls, 16 parishes without the walls, and six contiguous out-parishes in Middlesex and Surrey.In 1626, the city of Westminster was included in the bills; in 1636, the parishes of Islington, ...


Exchequer bills

Exchequer bills, bills of credit issued by the Government under authority of Parliament, and forming part of the 'Unfunded Debt' of the country. They are for various sums, and bear interest according to the usual rate at the time. the advances of the Bank to Government are made upon Exchequer bills; and the daily transactions between the Bank and Government are principally carried on through their intervention. See (English) Exchequer Bills and Bonds Act, 1866 (29 Vict. c. 25), consolidating and amending the Acts dating from 48 Geo. 3, c. 1, which regulated the preparation, issue, and payment of exchequer bills and bonds. See also 52 Vict. c. 6; 5 & 6 Geo. 5, c. 55, and subsequent Acts. Their place has now largely been taken by Treasury bills. See that title....


Bill in Chancery, or Bill in Equity

Bill in Chancery, or Bill in Equity, a printed or written statement of a plaintiff's case, in the nature of a petition to the Court, praying for some redress.For the descriptions of the several bills, see their distinctive names, as PEACE, BILL OF.Bills are now abolished, and all actions in the High Court are now commenced by writ of summons, followed in certain cases by a statement of claim (R.S.C. 1883). See STATEMENT OF CLAIM; WRIT OF SUMMONS; and PLEADING....


Withdrawal of Bill

Withdrawal of Bill, a member in charge of Bill may seek its withdrawal by moving a motion seeking leave of the House, if the legislation is to be dropped or the bill is to be replaced by a new bill changing its existing provisions, Rules of Procedure and Conduct of Business in Lok Sabha, 10th Edn., 2002, r. 110....



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