Question
Where a cheque payable to order purports to be endorsed
by or on behalf of the payee, the ÂÂ_________ is discharged by payment in due courseSolution
As per Section 85 of NI Act S. 85. Cheque payable to order.— (1) Where a cheque payable to order purports to be indorsed by or on behalf of the payee, the drawee is discharged by payment in due course. (2) Where a cheque is originally expressed to be payable to bearer, the drawee is discharged by payment in due course to the bearer thereof, notwithstanding any indorsement whether in full or in blank appearing thereon, and notwithstanding that any such indorsement purports to restrict or exclude further negotiation.
26th November is celebrated as which of the following day in India?
As per the passage distribution of powers is outlined in which provision of the constitution?
(a) 7th schedule
(b) 3 lists
...In case of a property already subjected to mortgage:
The total amount of deductions from wages of employees should not exceed _______________.
Leading questions
The Constitution provides for the establishment of Public Service Commission
                     I.       For the ...
Which of the following is a decree?Â
What is the enforcement date of the IRDA Act, 1999?
Where a person delivers to a creditor documents of title to immovable property, with intent to create a security, the transaction is called
Any private person may arrest any person who:
