If a minor draws, indorses, delivers or negotiates an instrument, such instrument binds
Section 26 of NI Act Capacity to make, etc., promissory notes, etc.—Every person capable of contracting, according to the law to which he is subject, may bind himself and be bound by the making, drawing, acceptance, indorsement, delivery and negotiation of a promissory note, bill of exchange or cheque. Minor—A minor may draw, indorse, deliver and negotiate such instrument so as to bind all parties except himself. Nothing herein contained shall be deemed to empower a corporation to make, indorse or accept such instruments except in cases in which, under the law for the time being in force, they are so empowered.
Who is the author of the book “Public Service Ethics - A Quest for Naitik Bharat”?
What recognition did Captain Avhilash Rawat and his crew receive for their actions during a Red Sea rescue mission?
What is the goal of the New India Literacy Programme (NILP)?
As per the recent annual report of ‘Hotels 50 2022’, which of the following hotel brand of India became world’s strongest hotel brand?
In which Indian state is Makar Sankranti known as 'Magha Saaji'?
Which of the following module RBI is planning to move to Daksh platform?
Who has been sworn as the country head of Wipro India?
Pilot projects to digitize Kisan Credit Card (KCC) have been launched in which two states?
Which of the following countries has recently been approved to replace Russia in the United Nations Security Council?
What was the theme of Good Governance Week 2021?