Negotiable - Law Dictionary Search Results
Promissory Note
exchange relate also to promissory notes. See BILL OF EXCHANGE. Means a promissory note as defined by the Negotiable Instrument Act, 1881. [Indian Stamp Act, 1899 (2 of 1899), s. 2 (22)] Means any instrument whereby the
Payment in due course
Payment in due course, means payment in accordance with the apparent tenor of the instrument in good faith and without negligence to any person in possession thereof under circumstances which do not afford a reasonable ground...
Post-dated cheque
Post-dated cheque, are not invalid, but the banker should not pay such a cheque if presented before the date it bears. If therefore, a cheque dated on a Sunday is presented on the previous business day,...
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Re-draft
Re-draft, a second bill of exchange. A second negotiable instrument offered by drawers after first instrument has been dishonoured, Black's Law Dictionary, 7th Edn., p. 1283.
Renewal
The renewal of a 'licence' means 'a new licence granted by way of renewal'. The renewal of a negotiable bill or note is regarded simply as a prolongation of the original contract. The office of a 'renewal',
Restitution of stolen goods
summary manner, upon a conviction of the guilty party. This restitution reaches the stolen goods (unless they be negotiable instruments) notwithstanding that the guilty party may have sold them for value to an innocent purchaser [see s.
Scrip
for the certificate of share or the debenture upon payment in full. Scrip to bearer appears to be negotiable and to pass by delivery, see Goodwin v. Robarts, (1875) LR 10 Ex 337; 1 App Cas 476;
Security for costs
the plaintiff's claim is founded on a judgment or order or on a bill of exchange or other negotiable instrument, the power to require the plaintiff to give security for costs shall be in the discretion of
Unpaid seller
whole of the price has not been paid or delivered; (b) when a bill of exchange or other negotiable ins-trument has been received as conditional payment, and the condition on which it was received has not been
Liability of agent signing
Liability of agent signing, an agent who signs his name to a promissory note, bill of exchange or cheque without indicating thereon that he signs as agent, or that he does not intend thereby to incur...
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