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Question
The Negotiable Instrumentals Act, 1881 extends to the ______________.
The Negotiable Instrumentals Act, 1881 extends to the ______________.
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Solution
The correct option is B whole of India excluding state of Jammu and Kashmir
The Negotiable Instruments Act was enacted, in India, in 1881. Prior to its enactment, the provision of the English Negotiable Instrument Act were applicable in India, and the present Act is also based on the English Act with certain modifications. It extends to the whole of India except the State of Jammu and Kashmir.
The Negotiable Instruments Act was enacted, in India, in 1881. Prior to its enactment, the provision of the English Negotiable Instrument Act were applicable in India, and the present Act is also based on the English Act with certain modifications. It extends to the whole of India except the State of Jammu and Kashmir.
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