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प्रश्न
Write a short note on:
Endorsement of a bill
उत्तर
Endorsement of a bill:
- Endorsement means signing on the face or back of a bill for the purpose of transferring the title of the bill to another person.
- The person who endorses is called the “Endorser”.
- The person to whom a bill is endorsed is called the “Endorsee”.
- The endorsee is entitled to collect the money.
APPEARS IN
संबंधित प्रश्न
Answer in one sentence.
What are noting charges?
State True or False with reason:-
Inland bill is one which is drawn in one country and payable in another country.
Find the odd one:-
Making payment of bill before the due date of maturity is known as ___________.
Answer in one sentence.
What do you mean by bill of exchange?
Answer in one sentence.
What is relationship between Drawer and Drawee?
Answer in one sentence.
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The due date of the bill drawn for 2 months on 23rd Nov. 2019 will be______.
Bina draws a bill on Tina for ₹ 24,000 on 6th Oct. 2022 for 3 months. Tina accepts the bill on the same date. Bina sends the bill to Bank for collection on 20th Oct. 2022. Before due date, Tina finds herself unable to make the payment of bill and request Bina to renew it. Bina agree to the proposal on condition that Tina should pay ₹ 10,000 in cash along with interest ₹ 800 and accept a new bill for 2 months for the balance. Tina retired the bill on 12th Jan. 2023 by paying ₹ 13,500.
Write the word/phrase/term which can substitute each of the following statements:
A person in whose favour a bill is endorsed.
