When presentment for payment is to be made under Section 65 of the Act?
As per Negotiable Instruments Act, 1881- S. 65. Hours for presentment—Presentment for payment must be made during the usual hours of business, and, if at a banker's within banking hours.
A and B started a business by investing Rs. 12,000 and Rs. 18,000 respectively. A also worked as the active manager and for that he is entitled to recei...
A and B enter into a partnership with their initial sum of Rs.18000 and Rs.24000 respectively. After 4 months, a third person C also joins them with his...
Three partners Karan, Arjun and Mukesh invest Rs 75,000, Rs 90,000, Rs 1,05,000 respectively in a business. Karan receives 12.5% of the profit as Manage...
‘A’ and ‘B’ invested Rs. 4600 and Rs. 2800, respectively in a business, together. After 6 months, ‘A’ withdrew 25% of his initial investment...
Calculate Amit's share of the profit if Amit and Bishnu invested their capital for 6 months and 7 months, respectively, in a ratio of 6:5, and the total...
‘A’ started a business by investing Rs. 1600. Three months later, ‘B’ joined by investing Rs. ‘x’. If at the end of the year ‘B’ receive...
Two friends A and B started the business together. A invested Rs. 2000 more than B. A left the business after 8 months. If annual profit is Rs.6800 and ...
Palash invest thrice the sum invested by Vicky and withdraws half of the sum after 3 months and again withdraws half of the remaining sum after 3 months...
A invested Rs X in a scheme. After 6 months, B joined with Rs 3000 more than that of A. After an year, ratio of profit of B to the total profit was 5: 9...
M and N started a business by investing Rs.4000 and Rs.5000 respectively. After 7 months, M and N increased their investments by 30% and Rs.2400 respect...
