Illustration (c ) to Section 23 of Negotiable Instrument Act - A promissory note or bill of exchange, dated 31st August, 1878, is made payable three months after date. The instrument is at maturity on the 3rd December, 1878. Section 23- In calculating the date at which a promissary note or bill of exchange, made payable a stated number of months after date or after sight, or after a certain event, is at maturity, the period stated shall be held to terminate on the day of the month which corresponds with the day on which the instrument is dated, or presented for acceptance or sight, or noted for non-acceptance, or protested for non-acceptance, or the event happens, or, where the instrument is a bill of exchange made payable a stated number of months after sight and has been accepted for honour, with the day on which it was so accepted. If the month in which the period would terminate has no corresponding day, the period shall be held to terminate on the last - day of such month.
How many members constitute the board of the Securities and Exchange Board of India (SEBI)?
Which of the following is not correctly Matched:
'Rajaji National Park' is located in which state of India?
Name the person who is the first Indian Brand Ambassador of Laureus.
Gas leaked during Bhopal tragedy was
What is the minimum credit risk percentage required for NBFCs in co-lending arrangements?
Identify the Indian state that does not share its borders with Nepal.
Which of the following mahajanapadas was situated in Madhya Pradesh?
Name the only Indian who got featured in the Fortune’s Businessperson of the Year 2017 list?
What event does Mongolia observe on October 25 as part of its efforts to protect the Mongolian Wild Ass?