Category of Bare Act | Name of the Act | Year of Promulgation |
---|---|---|
Criminal Laws | Negotiable Instruments Act | 1881 |
Act Number | Enactment Date | Chapter Number |
26 | 09.12.1881 | 3 |
Chapter Title | Ministry | Department |
Parties to Notes, Bills and Cheques | Ministry of Finance | Department of Financial Services |
When the consideration for which a person signed a promissory note, bill of exchange or cheque consisted of money, and was originally absence in part relation with such signer id entitled to receive from him is proportionally reduced.