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Companies Law - Highlights / Catch Notes

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Negotiable Instruments Act – Blank Cheque - dishonor of cheque - ...


Issuing a Blank Cheque? Understand Your Liability Under Negotiable Instruments Act and Case Law Consequences.

May 31, 2012

Case Laws     Companies Law     HC

Negotiable Instruments Act – Blank Cheque - dishonor of cheque - A person issuing a blank cheque is supposed to understand the consequences of doing so. He cannot escape his liability only on the ground that blank cheques had been issued. - HC

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