Definition Of Cheque In Law
Awasome Definition Of Cheque In Law Ideas. The meaning of cheque is chiefly british spelling of check:2. The payer writes a cheque.
A cheque is defined in section 6 of negotiable instruments acts 1881 which provides that, “a cheque is a bill of exchange, drawn on a specified banker and expressed to be payable. The person making the cheque is called the drawer, and the person to whom. It is printed for use by withdrawal banks as an accountant (payment).
It Is Printed For Use By Withdrawal Banks As An Accountant (Payment).
The bank will cheque the details and when the cheques gets cleared deposits the money in the account of the person in whose name the cheque was issued. A cheque is an exchange invoice or document that promises a certain amount. It is always drawn on a particular bank.
Related Legal Terms &, Definitions.
Its amount is a certain sum of money. A *bill of exchange drawn on a banker payable on demand. It must be signed by the maker of the cheque.
(I) A Cheque Is A Bill Of Exchange Drawn On A Specified Banker.
The person making the cheque is. In the following article, we shall learn more about the types of. A cheque is a bill of exchange (q.v.) drawn on a banker, payable on demand (bills of exchange act, 1882, s.
Checking In With ',Check', And ',Cheque', Checking In With ',Check', And ',Cheque',
Since a cheque is payable. Definition of cheque a cheque is a bill of exchange (q.v.) drawn on a banker, payable on demand (bills of exchange act, 1882, s. The cheques, depending upon whether or not they have been crossed are of two types, being open cheques and crossed cheques.
(Iii) Drawn On A Specified.
It is an instrument in writing. American heritage® dictionary of the. A cheque is defined in section 6 of negotiable instruments acts 1881 which provides that, “a cheque is a bill of exchange, drawn on a specified banker and expressed to be payable.
Post a Comment for "Definition Of Cheque In Law"