Negotiable Instrument Act - Law Dictionary Search Results
Negotiable instruments
Matched in: Term Negotiable instruments
Negotiation by delivery
for 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) … Negotiation by delivery, [See Negotiable Instru-ments Act, 1881 (26 of 1881), s. 47] Subject to the provision of s. 58, a promissory note, bill of
Giving notice in writing
requirement, SIL Import v. Exim Aides Silk Exporters, (1991) 4 SCC 567: AIR 1999 SC 1609 (1612, 1613). [Negotiable Instrument Act, 1881, s. 138, proviso (b)] Giving Notice in writing, is not restricted to the customary mode of sending … Impart, USA v. Exim Aides Silk Exporters, Bangalore, (1999) 4 SCC 567, see also Chapter XVII of the Negotiable Instrument Act, 1881, containing ss. 138 to 142, which was inserted in the Act as per the Banking Public Financial
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endorsement
signature or notation) on a document or instrument ;esp : an inscription usually on the back of a negotiable instrument that transfers or guarantees the instrument blank endorsement : an endorsement (as a signature) of a negotiable instrument … endorsement also in·dorse·ment n 1 : the act or process of endorsing 2 : an inscription (as a signature or notation) on a document or instrument
Indorsement
Bank v. Macbeth, 1908 AC 137. See also DEED; MORTGAGE; RECEIPT. When the maker or holder of a negotiable instrument signs the same, otherwise than as such maker, for the purpose of negotiation, on the back or face … of a bill of exchange, promissory note, or cheque, are laid down by the (English) Bills of Exchange Act, 1882 (45 & 46 Vict. c. 61), s. 32, the principal requisites being that the indorsement must be
Payee
Payee, means person named in a negotiable instru-ment, to whom or to whose order the money is, by the instrument, directed to be paid, Negotiable … to whom or to whose order the money is, by the instrument, directed to be paid, Negotiable Instruments Act, 1881, s. 7. One to whom a bill of exchange or promissory note or cheque is made payable;
Holder in due course
& 46 Vict. c. 61), s. 29. A person who in good faith has given value for a negotiable instrument that is complete and regular on its face, is not overdue, and, to the possessor's knowledge has not … had no notice of any defect in the title of the person who negotiated it, Bills of Exchange Act, 1882 (45 & 46 Vict. c. 61), s. 29. A person who in good faith has given value
Bill of Exchange
See now (English) R. S. C. Ord. III., r. 6, and Ord. XIV. See also BANKER'S DRAFT; CHEQUE; NEGOTIABLE INSTRUMENTS; PROMISSORY NOTES PROTEST; NOTE A BILL, TO; INCHOATE. Includes a hundi and a cheque. [The Limitation Act, … now (English) R. S. C. Ord. III., r. 6, and Ord. XIV. See also BANKER'S DRAFT; CHEQUE; NEGOTIABLE INSTRUMENTS; PROMISSORY NOTES PROTEST; NOTE A BILL, TO; INCHOATE. Includes a hundi and a cheque. [The Limitation Act, 1963
bank
interest rate collecting bank : a bank other than the payor bank that is handling for collection a negotiable instrument or a promise or order to pay money commercial bank : a bank organized chiefly to handle the … Farm Credit Administration Federal Re·serve bank : one of 12 central banks set up under the Federal Reserve Act to hold reserves for and extend credit to affiliated banks in their respective districts intermediary bank : a
Not negotiable
Matched in: Term Not negotiable
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