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.â (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.
Who is the head of the committee constituted by the government to explore the possibility of 'One Nation, One Election'?
According to the Census of India 2011, what was the percentage of Sikh communities in the total population in India?
Which of the following is a human factor responsible for soil erosion?
1. Deforestation
2. Run off water
3. Overgrazing
...Which country has appointed Olympic Gold medalist Neeraj Chopra as the âFriendship Ambassadorâ?
The system based on individual leadership is a __________ system.
âKambalaâ is an annual buffalo race held in ______.
Which Indian author penned ‘Godaan’ (‘The Gift of Cow’)?
In the year 1952, who among the following lent his voice for the film âAmar Bhupaliâ, which was being produced in two languages simultaneously and h...
Which type of insurance policy includes that the insurer agrees to pay a fixed sum of money irrespective of the amount of loss to the insured?
Which national park was recently designated as Indiaâs 58th Tiger Reserve?
