heyy guys,
cn any1 explain why d Promissory Note is not payable on demand as per Negotiable Instrunment Act 1881
Menu
Negotiable Instrunment Act 1881
Replies (4)
hey dude nice question
plz tell me also when u get the answer of this question
PROMISSORY NOTE IS -AN instrument in writting ( NOT BANK NOTE OR A CURRENCY NOTE)
A PROMISSORY NOTE CANNOT BE MADE PAYABLE TO BEARER
----AS PER SECTION 31 OF THE RBI ACT 1934-PERMITS ONLY RBI AND CENTRAL GOVT TO MAKE A PROMISSORY NOTE PAYABLE TO BEARER ON DEMAND-
thanx shailesh
PROMISSORY NOTE IS -AN instrument in writting ( NOT BANK NOTE OR A CURRENCY NOTE)
A PROMISSORY NOTE CANNOT BE MADE PAYABLE TO BEARER
----AS PER SECTION 31 OF THE RBI ACT 1934-PERMITS ONLY RBI AND CENTRAL GOVT TO MAKE A PROMISSORY NOTE PAYABLE TO BEARER ON DEMAND-
Recent Threads
- E Way and E invoice required while movement of Exp
- ESI Applicability As per new wage Code
- Hottest NRI revenues and taxes on it in india
- LTCG on Sale of land bought on 23.07.14 and sold o
- PART B TO D IN INCOME TAX BLOCK RETURN ITRB
- 44ADA (software) and 44AD (app sales on store) whi
- GST registration for additional places of business
- Royalty on Intellectual property Rights
- Form 121 submission
- Wines shop
Related Threads
CAclubindia
