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Payment, out of

its first meaning connotes actual payment, e.g., by taking the money out of the drawer or drawing a cheque on of bank. When used in connection with the word 'fund' in its second meaning they connote that,

Post-dating Bills of Notes

Post-dating Bills of Notes. A bill or note or cheque may be post-dated, (English) Bills of Exchange Act, 1882, s.13, sub-s. 2.

Remittance

Remittance, money sent by one person to another, either in specie, bill of exchange, cheque, or otherwise. A sum of money sent to another as payment for goods or services, Black's Law Dictionary,

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Restrictive indorsement

Restrictive indorsement, prohibits the further nego-tiation of a bill of exchange or promissory note, or cheque, by expressing that 'it is a mere authority to deal with the bill, etc., as thereby directed, and

Separation of powers

judicial, each with specified duties on which neither of the other branches can encroach; the constitutional doctrine of checks and balances by which the people are protected against tyranny, Black's Law Dictionary, 7th Edn., p. 1370. The

Controlled constitution

Controlled constitution, the principles of checks and balance have an important role to play, I.R. Coelho v. State of Tamil Nadu, (2004) 2 SCC

Directors

negligence or breach of trust. A director will not generally be personally liable on a promissory note or cheque which he has signed on behalf of the company, Chapman v. Smethurst, (1909) 1 KB 927. The (English)

Controllable

Capable of being controlled checked or restrained amenable to command

Betting

(1893) 1 QB 44; and De Mattos v. Benjamin, (1894) 70 LT 560. In the case of a cheque given in payment of a gaming transaction the combined effect of s. 1 of the (English) Gaming Act,

Deadener

One who or that which deadens or checks

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