Question
Which of the following is not treated as 'promissory
note' as per Section 4 of the Negotiable Instrument Act, 1881? A signed the instrument in following termsSolution
Option 3 is not a promissory note as definite sum is not mentioned. According to Section 4, a promissory note is: ·        An instrument (not being bank note or currency note) in writing ·        Containing an unconditional undertaking ·        Signed by the maker ·        To pay a certain sum of money only to or to the order of , a certain person , or to the bearer of the instrument. Ex- I promise to pay B or order Rs 500.
A and B both had retal shop business of mercantile goods on the opposite sides of the road. A had a great sale of same quality of goods during festival ...
Who shall constitute the committee of creditors as per section 21 of the IBC?
What does the term "hypothecation" refer to as per the SARFAESI Act?
A person shall not be guilty of contempt of court for ________________ as laid down under the Contempt of Court Act
An answer which criminates the victim as per S. 132, shall:
What is the significance of Section 6 of the LIC Act?
Consider the following statements regarding confiscation of property acquired through corruption:
Statement 1: Property acquired through corrupt ...
A mortgages to B a certain field bordering on a river. The field is increased by alluvion. B is:
Under Sections 17(1) and (2) of the DICGC Act, 1961, the Official Liquidator of Bank Y assumes charge on April 15, 2025. As the statutory officer respon...
Which of the following statement is not correct?
