The NI Act 1881 is mainly concerned regarding the negotiable instruments such as cheques, demand drafts etc. Such instruments can be defined as the written orders or unconditional promises to pay a certain sum of money on demand or at a certain point of time. Section 138 of this act deals with the cheque dishonor cases and the subsequent issues whereas Section 6 of this act is regarding the cheques and demand drafts.
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As part of the Centre’s infrastructure push, the Union Cabinet has approved seven proposals by the Ministry of Railways to expand the rail network in ...
Narotam Sekhsaria is the author of the biography?
Consider the following statements regarding the GST to be levied on corporate guarantee for subsidiaries and molasses-
I.The GST Council has noti...
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What significant initiative has Bajaj Finserv introduced, powered by CIBIL, to empower customers?
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Recently RBI fined Rs 1.67 crore on which of the financial company for not complying with its directions on prepaid payment instruments?