Question
Which section of the Negotiable Instruments Act, 1881
provides that a promissory note, bill of exchange, or cheque is not invalid by reason that it is backdated?Solution
Section 20 of the Negotiable Instruments Act, 1881 provides that a promissory note, bill of exchange, or cheque is not invalid by reason that it is backdated. However, the backdating must not be for the purpose of defrauding any person or making any other illegal transaction.
In the following questions, there are three columns, and each column contains three phrases. Choose one phrase from each column to create a sentence ...
You are required to match statements from columns 1 and 2 and find which of the following pairs of statement make sense meaningfully and grammatically....
Match Column I and Column II and choose the correct match from the given choice
You are required to match statements from columns 1 and 2 and find which of the following pairs of statement make sense meaningfully and grammatically....
In the following questions, two columns are given, Column 1 and Column 2. Each column contains 3 phrases. Match the phrases in Column 1 with the phrase...
Match Column I and Column II and choose the correct match from the given choices
In the following question, a sentence is divided in to three parts, given in column 1, 2 and 3. Match the statements from column 1 with those in column...
Column (1)
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