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.
Recently the Indian Navy received India's first Indigenous Aircraft Carrier 'Vikrant' from _____?
Maharashtra Government has announced a _____ reservation for Divyang employees in promotions & has decided that this reservation will apply for those ca...
How many educational institutions were initially planned to be established under the institution of Eminence (IoE) scheme?
How much amount of loan was disbursed small entrepreneurs under Prayaas scheme?
__________ launched the e-Sawaari India Electric Bus Coalition, in partnership with Convergence Energy Service Limited (CESL) and World Resources Instit...
Which ministry administers The National Fellowship Scheme [NFS]?
Who is the author of the book titled ‘Fire on the Ganges’?
Which of the following is true about RAPIDX, the semi - high - speed rail service launched in the country?
I . It will connect Delhi to Agra
...What product from Odisha’s Mayurbhanj district received a Geographical Indication (GI) tag?
Which of the following statements is/are not true regarding the proposed changes/changes being done by the Monetary Policy Committee?
I.The Reser...