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THE NEGOTIABLE INSTRUMENTS (AMENDMENT) ACT 2015 NO. 26 OF 2015

News and Press Release - Dated:- 30-12-2015 - MINISTRY OF LAW AND JUSTICE (Legislative Department) New Delhi, the 29th December, 2015/Pausha 8, 1937 (Saka) The following Act of Parliament received the assent of the President on the 26th December, 2015, and is hereby published for general information:- [26th December, 2015.] An Act further to amend the Negotiable Instruments Act, 1881. BE it enacted by Parliament in the Sixty-sixth Year of the Republic of India as follows:- Short title and commen .....

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resource and signed in a secure system with digital signature (with or without biometrics signature) and asymmetric crypto system or with electronic signature, as the case may be;'; (ii) after Explanation II, the following Explanation shall be inserted, namely:- 'Explanation III.-For the purposes of this section, the expressions asymmetric crypto system , computer resource , digital signature , electronic form and electronic signature shall have the same meanings respectively assigned t .....

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er in due course, as the case may be, maintains the account, is situated; or (b) if the cheque is presented for payment by the payee or holder in due course, otherwise through an account, the branch of the drawee bank where the drawer maintains the account, is situated. Explanation.- For the purposes of clause (a), where a cheque is delivered for collection at any branch of the bank of the payee or holder in due course, then, the cheque shall be deemed to have been delivered to the branch of the .....

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