THE NEGOTIABLE INSTRUMENTS ACT, 1881<\/p>\n\n\n\n
ARRENGMENT OF SECTIONS<\/p>\n\n\n\n
CHAPTER I CHAPTER II THE NEGOTIABLE INSTRUMENTS ACT, 1881 ARRENGMENT OF SECTIONS CHAPTER IPRELIMINARY Sections 1. Short title.Local extent.Saving of usages relating to hundis, etc.Commencement. 2. [Repealed.]. 3. Interpretation-clause.Banker. CHAPTER IIOF NOTES, BILLS AND CHEQUES 4. \u201cPromissory note\u201d 5. \u201cBill of exchange\u201d. 6. \u201cCheque\u201d. 7. \u201cDrawer.\u201d\u201cDrawee\u201d.\u201cDrawee in case of need\u201d.\u201cAcceptor\u201d.\u201cAcceptor for honour\u201d.\u201cPayee\u201d. 8. \u201cHolder\u201d. 9. \u201cHolder in due course\u201d. […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5281","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.infipark.com\/articles\/wp-json\/wp\/v2\/posts\/5281","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.infipark.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.infipark.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.infipark.com\/articles\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.infipark.com\/articles\/wp-json\/wp\/v2\/comments?post=5281"}],"version-history":[{"count":8,"href":"https:\/\/www.infipark.com\/articles\/wp-json\/wp\/v2\/posts\/5281\/revisions"}],"predecessor-version":[{"id":5291,"href":"https:\/\/www.infipark.com\/articles\/wp-json\/wp\/v2\/posts\/5281\/revisions\/5291"}],"wp:attachment":[{"href":"https:\/\/www.infipark.com\/articles\/wp-json\/wp\/v2\/media?parent=5281"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.infipark.com\/articles\/wp-json\/wp\/v2\/categories?post=5281"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.infipark.com\/articles\/wp-json\/wp\/v2\/tags?post=5281"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
PRELIMINARY<\/p>\n\n\n\nSections<\/th> <\/th><\/tr><\/thead> 1.<\/td> Short title.
Local extent.
Saving of usages relating to hundis, etc.
Commencement.<\/td><\/tr>2.<\/td> [Repealed.].<\/td><\/tr> 3.<\/td> Interpretation-clause.
Banker.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
OF NOTES, BILLS AND CHEQUES<\/p>\n\n\n\n4.<\/td> \u201cPromissory note\u201d<\/td><\/tr> 5.<\/td> \u201cBill of exchange\u201d.<\/td><\/tr> 6.<\/td> \u201cCheque\u201d.<\/td><\/tr> 7.<\/td> \u201cDrawer.\u201d
\u201cDrawee\u201d.
\u201cDrawee in case of need\u201d.
\u201cAcceptor\u201d.
\u201cAcceptor for honour\u201d.
\u201cPayee\u201d.<\/td><\/tr>8.<\/td> \u201cHolder\u201d.<\/td><\/tr> 9.<\/td> \u201cHolder in due course\u201d.<\/td><\/tr> 10.<\/td> \u201cPayment in due course\u201d<\/td><\/tr> 11.<\/td> Inland instrument.<\/td><\/tr> 12.<\/td> Foreign instrument.<\/td><\/tr> 13.<\/td> \u201cNegotiable instrument\u201d.<\/td><\/tr> 14.<\/td> Negotiation.<\/td><\/tr> 15.<\/td> Indorsement.<\/td><\/tr> 16.<\/td> Indorsement \u201cin blank\u201d and \u201cin full\u201d.
\u201cIndorsee\u201d.<\/td><\/tr>17.<\/td> Ambiguous instruments.<\/td><\/tr> 18.<\/td> Where amount is stated differently in figures and words.<\/td><\/tr> 19.<\/td> Instruments payable on demand.<\/td><\/tr> 20.<\/td> Inchoate stamped instruments.<\/td><\/tr> 21.<\/td> \u201cAt sight\u201d.
\u201cOn presentment\u201d.
\u201cAfter sight\u201d.<\/td><\/tr>22.<\/td> \u201cMaturity\u201d.
Days of grace.<\/td><\/tr>23.<\/td> Calculating maturity of bill or note payable so many months after date or sight.<\/td><\/tr> 24.<\/td> Calculating maturity of bill or note payable so many days after date or sight.<\/td><\/tr> 25.<\/td> When day of maturity is a holiday.<\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"