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Section 82 of NI Act Discharge from liability—The maker, acceptor or indorser respectively of a negotiable instrument is discharged from liability thereon— (a) by cancellation—to a holder thereof who cancels such acceptor's or indorser’s name with intent to discharge him, and to all parties claiming under such holder; (b) by release—to a holder thereof who otherwise discharges such maker, acceptor or indorser, and to all parties deriving title under such holder after notice of such discharge; (c) by payment—to all parties thereto, if the instrument is payable to bearer, or has been indorsed in blank, and such maker, acceptor or indorser makes payment in due course of the amount due thereon.
The IMF and the World Bank were conceived as institutions to-
Which of the following days is known as ‘GST Day’?
__________ is going to set up a branch office in the International Financial Services Centre, GIFT City, Gandhinagar, Gujarat that will enable the com...
Which of the following Statements about the DICGC is/are True?
I- Deposit Insurance and Credit Guarantee Corporation (DICGC) is a wholly owned...
TReDS is the acronym for which of the following?
Which is correct about Union Budget 2017?
i. The government targets to bring 1 crore households out of poverty ...
Reserve Bank of India has cancelled the license of Independence Co-operative Bank Ltd. It is based at ________________.
What is the theme of RBI’s recently announced third cohort of Regulatory Sandbox?
National Pension System (NPS) is a voluntary, defined contribution retirement savings scheme. NPS is regulated by?
RBI recently approved ____________________ for commencing international (Cross Border) remittance business under the Money Transfer Service Scheme (MTSS).