Negotiable Instruments Act, 1881

• Negotiable Instruments (Amendment and Miscellaneous Provisions) Act, 2002
• Negotiable Instruments (Amendment) Act, 2015
• Negotiable Instruments (Amendment) Bill, 2018
• NI Act, Chapter 1. Preliminary
• NI Act, Chapter 10. Of reasonable Time
• NI Act, Chapter 11. Of Acceptance and Payment for Honour and Reference in case of need
• NI Act, Chapter 12. Of Compensation
• NI Act, Chapter 13. Special Rules of Evidence
• NI Act, Chapter 14, Of Crossed Cheques
• NI Act, Chapter 15, Of Bills in Sets
• NI Act, Chapter 16. Of International Law
• NI Act, Chapter 17. Of Penalties in Case of Dishonour of certain Cheques for insuffiency of Funds in the Accounts
• NI Act, Chapter 2. Of Notes, Bills and Cheques
• NI Act, Chapter 3. Parties to Notes, Bills and Cheques
• NI Act, Chapter 4. Of Negotiation
• NI Act, Chapter 5. Of Presentment
• NI Act, Chapter 6. Of Payment and Interest
• NI Act, Chapter 7. Of Discharge from Liablity on Notes, Bills and Cheques
• NI Act, Chapter 8. Of Notice of Dishonour
• NI Act, Chapter 9. No noting and Protest

This Act has been promulgated in the Year 1881 originally but was Amended by Parliament of India from time to time. This Statute is aimed to define and amend the prevailing law relating to Promissory Notes, Bills of Exchange and Cheques. This bare act has Seventeen Chapters and 148 Sections. The Chapters includes Notes, bills and cheques, Parties to Notes, Bills and Cheques, Of Negotiation, Of Discharge From Liability On Notes, Bills And Cheques, Of Notice Of Dishonour And Of Penalties In Case Of Dishonour Of Certain Cheques For Insufficiency Of Funds In The Accounts to name a few. The statute also has provisions like Dishonour of cheque for insufficiency, etc., of funds in the account, Defence which may not be allowed in any prosecution under section 138 and Bank’s slip prima facie evidence of certain facts.

Act Number:	26
Enactment Date:	1881-12-09
Act Year:	1881
Short Title:	The Negotiable Instruments Act, 1881
Long Title:	An Act to define and amend the law relating to Promissory Notes, Bills of Exchange and Cheques.
Ministry:	Ministry of Finance
Department:	Department of Financial Services
Enforcement Date:	01-03-1882
Last Updated:	02-11-2019

Negotiable Instruments Act, 1881 (PDF File)