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
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.
The government has extended the lower import duty structure for palm, soyabean and sunflower oils by a year till________ which currently attracts attrac...
Which of these banks have tied up to launch RuPay Credit Cards on UPI by the year 2023?
What role did N Valarmathi play in ISRO's rocket launches?
Consider the following statements about the Pradhan Mantri Awaas Yojana- urban (PMAY-U):
I. It was Implement...
Consider the following in regards to FIFA Club World Cup:
1) It will be held for the first time in 2025
2) It will feature 32 teams and wi...
Which of the following Asian countries is not a member of G 20 Organization?
Under PMUY, How much is the central financial assistance given to women beneficiary ?
NAFED is an apex organization of marketing cooperatives for agricultural produce in India.The organization comes under which Ministry ?
Which organization has launched the Talent Connect portal to bridge the gap between recruiters and digitally skilled and certified candidates & to conne...
Which Force celebrated ‘Jashn-e-Chillai-Kalan’ with students in Srinagar?