Negotiable Instruments Act, 1881
Legislative act in India / From Wikipedia, the free encyclopedia
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Negotiable Instruments Act, 1881 is an act in India dating from the British colonial rule, that is still in force with significant amendments recently. It deals with the law governing the usage of negotiable instruments in India. The word "negotiable" refers to transferable and "instrument" refers to a document giving legal effect by the virtue of the law.
Quick Facts The Negotiable Instruments Act, 1881, Imperial Legislative Council ...
The Negotiable Instruments Act, 1881 | |
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Imperial Legislative Council | |
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Citation | Act No. 26 of 1881 |
Territorial extent | British India (1881-1947) India (1947-present) |
Enacted by | Imperial Legislative Council |
Enacted | 9 December 1881 |
Commenced | 1 March 1882 |
Codification | |
Code sections created | 148 |
Committee report | Third Law Commission |
Status: In force (amended) |
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