Register | Login

goldbricks deals with various Cheque Bounce, Demand Draft cases under the Negotiable Instruments Act which acts as a protection law and provides way for the individuals to fight back against the fraudulent and cheating tactics. “A negotiable instrument is one, the property in which is acquired by one who takes it bona fide and for value, notwithstanding any defects of title in the person from whom he took it; from which it follows that any instrument cannot be negotiable unless it is such and in such a state that the true owner can transfer the contract or engagement contained therein by simple delivery of the instrument. A "bill of exchange" is an instrument which is in writing and contains an unconditional order, signed by the maker, directing a certain person to pay a certain sum of money only to, or to the order of, a certain person or to the bearer of the instrument.


 

Who Voted for this Story


Username:

Password:

Remember:

 

Kannikar is an open source content management system that lets you easily create your own social network.