Re: Negotiable Instrument Act's ppt -
November 8th, 2009
The Negotiable Instruments Act was passed in 1881. Some provisions of the Act have become redundant due to passage of time, change in methods of doing business and technology changes.
However, the basic principles of the Act are still valid and the Act has stood test of time.
The Act extends to the whole of India.
The instrument is mainly an instrument of credit readily convertible into money and easily passable from one hand to another.
thanks a lot for the ppt was in search of it.