Effect of different types of crossing on cheques

What is Effect of different types of crossing on Cheques in banking ?

Different Types of Crossing on Cheque in Banking and its effect : Cheque is a negotiable instrument. A person issue the cheque to make...
Difference between Order Cheque and Bearer Cheque

What is difference between Order Cheque and Bearer Cheque ?

Order Cheque vs Bearer Cheque – Difference between Order Cheque and Bearer Cheque : A Cheque without any crossing is generally known as Open Cheque...
Cheque vs Promissory Note

What is difference between Cheque and Promissory Note ?

Before we discuss difference between Cheque and Promissory Note – Read here what is cheque and promissory note and its types. Cheque and Promissory...
What is Promissory Note - Demand vs Usance PN

What is promissory note and its types- Is currency note a promissory note?

Promissory Note and Its Types – Demand Promissory Note and Usance Promissory Note : Promissory Note or PN is an instrument in writing containing...
Negotiable Instruments Amendment Act 2018

Negotiable Instruments (Amendment) Act 2018 – Key Amendments

Negotiable Instruments like Cheques, Promissory Notes, Bill of Exchange etc. are widely used for commercial transactions in the country. Cheques are preferred over cash...
What is Bill of Exchange - How it works

What is Bill of Exchange (BoE) – Definition, Features and how it works ?

What is Bill of Exchange - Definition, Features and how it works - Nobody is interested to sell the goods or extended it services to...
How to file court case against cheque bounce

How to file case in court of law against cheque bounce ?

Have your cheque ever bounced or dishonored by the bank? Are you also facing difficulty in recovering payment due from your debtor ? Looking...
Cancelled Cheque Definition Use Misuse

Cancelled Cheque – Use, Misuse, Sample | How to cancel a cheque?

Definition : A cheque leaf is termed as a ‘cancelled cheque’ when you strike two parallel line across it and write the word ‘cancelled’...