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The Negotiable Instruments Act, 1881 (NI Act) – Detailed Explanation with Landmark Cases

The Negotiable Instruments Act, 1881 (NI Act) is a crucial Indian legislation governing negotiable instruments like cheques, promissory notes, and bills of exchange. The Act defines the rights, responsibilities, and liabilities of parties involved in negotiable instruments and provides legal remedies for dishonor of cheques. 1. Objectives of the NI Act, 1881 The primary objectives […]

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