Negotiable instruments include financial instruments that can be transferred to other parties. They include cheques, promissory notes, bills of exchange and other such media. Such instruments are responsible for millions of dollars of financial fraud globally. So it is important to have some understanding of what they are and the laws related to them.
In this book, we introduce the concept of negotiable instruments and the laws in India regarding the same, especially the negotiable instruments act and its amendments. We discuss two types of negotiable instruments, promissory notes and cheques, in more detail.
Autorentext
Siva Prasad Bose is an electrical engineer by profession. He is currently retired after many years of service in Uttar Pradesh Power Corporation Limited. He received his engineering degree from Jadavpur University, Kolkata and has a law degree from Meerut University, Meerut. His interests lie in the fields of family law, civil law, law of contracts, and any areas of law related to power electricity related issues.