Legal Question in Banking Law in India
definition of money marked instrument under negotiable instruments act.
Asked on 4/23/13, 10:36 pm
2 Answers from Attorneys
J. Radhakrishnan
independent Practice
No definition of money market instruments as such in Negotiable Instruments Act. However if they are promissory notes or Bills of Exchange they are defined in that Act.
Answered on 4/27/13, 3:54 am
Jayesh Desai
Jayesh Desai
'Money Market Instrument' is not defined in the Act.
But they are negotiable instruments.
Answered on 5/03/13, 2:43 am
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