In other words, it is a formalized type of IOU: a transferable, signed document that promises to pay the bearer a sum of money at a future date or on demand. Examples of negotiable instruments ...

It must also have an explicit order or promise to pay a specific amount of money. Several types of negotiable instruments are used in financial transactions. A check is a dated draft instructing a ...

The Negotiable Instruments Act, 1881 is a significant ... A promissory note is a written promise to pay a specific amount of money to the person named in the document. The person making the ...

The Karnataka High Court has reiterated that the day on which a bank intimates to the holder of cheque of its dishonour has ...