Legal Question in Banking Law in India

commercial & industrial law

distinguish between cheque and prommisory note?


Asked on 7/30/08, 1:46 pm

3 Answers from Attorneys

Aniruddha Pawse Aniruddha.P.Pawse Advocates

Re: commercial & industrial law

refer to N.I Act on legal sites.

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Answered on 7/31/08, 8:07 am
Homi Maratha N.N. Maratha & Co.-Advocates

Re: commercial & industrial law

Cheque - An order to Bank to pay a stated sum from the drawer's account, written on specially printed form.

AND

Promissory Note - Conveying or implying a promise.

OR

You may consult Negotiable Instrument Act

OR

Please visit www.vakilno1.com

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Answered on 8/05/08, 4:59 am

Re: commercial & industrial law

Consult NEGOTIABLE INSTRUMENT ACT.

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Answered on 7/31/08, 6:06 am


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