NIA Section 4

Negotiable Instruments Act

US
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NIAChapter II

S. 4

Promissory note

Description

A “promissory note” is an instrument in writing (not being a bank-note or a currency-note) containing an unconditional undertaking, signed by the maker, to pay a certain sum of money only to, or to the order of, a certain person, or to the bearer of the instrument.

...More in Chapter II
By Raman Devgan
Updated: 16 Aug 2018
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