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Negotiable Instrument Act Section 52. Indorser who excludes his own liability or makes it conditional: The indorser of a negotiable instrument may, by express words in the indorsement, exclude his own liability thereon, or make such liability or the right of the indorsee to receive the amount due thereon depend upon the happening of a specified event, although such event may never happen. Where an indorser so excludes his liability and afterwards becomes the holder of the instrument, all intermediate indorsers are liable to him. Illustrations (a) The indorser of a negotiable instrument sign; his name adding the words-- "Without recourse". Upon this indorsement he incurs no liability.
After dissolution of the firm, goodwill of the firm __.
What does "net proceeds" mean as per Article 279 of the Constitution?
Any person, may enter into an agreement, with any depository for availing its services through
Two or more persons are said to consent_______________
"A" who is a citizen of India, commits crime in Nigeria.
Under which Section of the Indian Penal Code, 1860, he can be tried in India.
Which of the following is not true about possession as per S.5 of the Specific Relief Act, 1963?
In which of the following case, the court held that, “Divorce is good in law though bad in theology.”
As per section 143 of the Bharatiya Nyaya Sanhita the consent of the victim is immaterial in determination of the offence of trafficking. The statement ...
Circumstantial evidence is considered weaker evidence as compared to direct evidence
XYZ Co, is having 15% share capital held by X Company and 50% held by Central Government and 10% held by State Government and 25% held by other people t...