Date post: | 30-Oct-2014 |
Category: |
Economy & Finance |
Upload: | svs-college |
View: | 7,955 times |
Download: | 0 times |
Chapter 5-Chapter 5-
Negotiable InstrumentsNegotiable Instruments
NegotiabilityNegotiability
Free TransferabilityFree Transferability Good Title free from the defective title of Good Title free from the defective title of
transferortransferor GoodfaithGoodfaith Obtained for ValueObtained for Value Holder need not prove the above-they Holder need not prove the above-they
are presumed to existare presumed to exist
Transferability & NegotiabilityTransferability & Negotiability
Nature of Negotiable InstrumentsNature of Negotiable Instruments
-Demand or Time Instruments-Demand or Time Instruments
-Order or Bearer Instruments-Order or Bearer Instruments
Types of Negotiable Types of Negotiable InstrumentsInstruments
Negotiable by LawNegotiable by Law
-Bill of Exchange-Bill of Exchange
-Cheque-Cheque
-Promissory Note-Promissory Note
Negotiable by Negotiable by UsageUsage
-Bank Draft-Bank Draft
-Dividend Warrant-Dividend Warrant
-Interest Warrant-Interest Warrant
-Certificate of -Certificate of DepositDeposit
-Commercial paper-Commercial paper
Bill of Exchange: Definition , Bill of Exchange: Definition , Features & SpecimenFeatures & Specimen
WritingWriting
OrderOrder
Unconditional orderUnconditional order
Signature of MakerSignature of Maker
Certain DraweeCertain Drawee
Certain AmountCertain Amount
Payment of MoneyPayment of Money
Nature of InstrumentNature of Instrument
Cheque: Definition , Features & Cheque: Definition , Features & SpecimenSpecimen
Features of a Bill of Features of a Bill of ExchangeExchange
-writing-writing
-order to pay-order to pay
-payment of money-payment of money
-signature of maker-signature of maker
-certain amount-certain amount
-bearer or order-bearer or order
Other FeaturesOther Features
-drawn on a banker-drawn on a banker
-payable only on -payable only on demanddemand
Differences Between a Bill of Exchange and a Differences Between a Bill of Exchange and a ChequeCheque
DraweeDrawee
NatureNature
FormForm
AcceptanceAcceptance
Days of GraceDays of Grace
Notice of DishonourNotice of Dishonour
Legal BarLegal Bar
Statutory ProtectionStatutory Protection
Countermanding PaymentCountermanding Payment
Death-Insolvency of Death-Insolvency of DrawerDrawer
Promissory NotePromissory Note
DefinitionDefinition
Essential FeaturesEssential Features
SpecimenSpecimen
Crossing of ChequesCrossing of Cheques
Meaning of Crossing Meaning of Crossing Types of Crossing: General Crossing and Types of Crossing: General Crossing and
Special CrossingSpecial Crossing Examples of CrossingExamples of Crossing Account Payee CrossingAccount Payee Crossing Not Negotiable CrossingNot Negotiable Crossing Persons Authorised to Cross ChequesPersons Authorised to Cross Cheques Cancellation of CrossingCancellation of Crossing
EndorsementEndorsement
MeaningMeaning Types of Endorsement: Blank, Full, Types of Endorsement: Blank, Full,
Restrictive, Conditional, Sans Restrictive, Conditional, Sans Recourse,Conditional,Facultative & Sans Recourse,Conditional,Facultative & Sans FraisFrais
Regularity of EndorsementRegularity of Endorsement
THANK YOUTHANK YOU