Which of the following statements is not correct?
Essentials of a valid endorsement i) It must be on the instrument. The endorsement may be on the front side or at the back side of the instrument & if no space is left on instrument, it may be made on a separate paper affixed to it known as allonage. It should generally be in ink. ii) It must be made by the maker or should be made by the holder of the instrument. A stranger cannot endorse it. iii) It must be signed by endorser. Full name is not important. Initials may be adequate. Thumb impression should be attested. Signature may be done on any part of instrument. A rubber stamp is not acknowledged but the designation of holder can be done by rubber stamp. iv) It may be made either by endorser only signing his name on the instrument or by any words showing a purpose to transfer or endorse the instrument to a specified person. No specific form of words is arranged for an endorsement. But intention to transfer must be there. v) It must be concluded by delivery of instrument. vi) It must be an endorsement of the entire bill not a partial endorsement.
Who is the present chairman of MPEDA
When are the shadow meetings conducted?
The good faith of a sale by a client to an attorney is in question in a suit brought by the client.
A Civil Court has power to issue Commissions for?
According to the Indian Contract Act who among the following is considered competent to contract?
As per the Transfer of Property Act where the terms of a transfer of property direct that the income arising from the property shall be accumulated eith...
Who ever counterfeits, or knowingly performs any part of the process of counterfeiting, any currency-note or bank-note, shall be punished with_____
A is in urgent need of money for marriage of his daughter therefore agrees to sale his house to B at a price lower than the market price. Is this agree...
What is the period of limitation given in Schedule of Limitation Act for a Bill of exchange and a promissory note?
The issue of shares by a company on a discount is prohibited and thus, it shall be ____________