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Fathoming The Negotiable Instruments Act, 1881

Indian Journal of Law and Legal Research
May 12, 2022



Saurav Kataria, Aman Agrawal, Mehak & Nipun Garg

ABSTRACT

The Negotiable Instrument Act was enacted in 1881 in order to facilitate the expansion of banking and commercial activities. The fundamental objective was to legitimise the system of negotiable instruments. The Act was enacted during the British administration, and the majority of its provisions remain intact to this day. This paper is a humble attempt by the authors to decipher the discipline of negotiable instruments and establish an elucidated vignette of the same.

Keywords: Negotiable Instruments; Cheques; Banking Law; Finance.

Comentários

Indian Journal of Law and Legal Research

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Abbreviation: IJLLR

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ISSN: 2582-8878

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Website: www.ijllr.com

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Accessibility: Open Access

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License: Creative Commons 4.0

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​All research articles published in The Indian Journal of Law and Legal Research are fully open access. i.e. immediately freely available to read, download and share. Articles are published under the terms of a Creative Commons license which permits use, distribution and reproduction in any medium, provided the original work is properly cited.

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The opinions expressed in this publication are those of the authors. They do not purport to reflect the opinions or views of the IJLLR or its members. The designations employed in this publication and the presentation of material therein do not imply the expression of any opinion whatsoever on the part of the IJLLR.

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