Legal Question in Banking Law in India

five key area where it is used

My question is what are key areas in banking where negotiable instrument act is used.


Asked on 5/20/07, 1:20 am

2 Answers from Attorneys
G. M. Gupta gmguptaandassociates

Re: five key area where it is used

can not answer questions like these. this u can know by reading negotiable instruments act and banking act.

negotiable instruments act deals with negotiable instruments. read what are negotiable instruments and you will get your answer.

anyway banks deals with a lot of instruments which are negotiable.

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Answered on 5/22/07, 9:51 am

Re: five key area where it is used

Promissory note,cheques,hundies,Electronic transaction etc. through which any transaction take place.

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Answered on 5/20/07, 4:17 am


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