Advertisements
Advertisements
प्रश्न
What is retirement of a bill of exchange?
थोडक्यात उत्तर
उत्तर
The retirement of the bill of exchange refers to the agreement of the drawee to pay the due amount of sum before the date of maturity.
The drawer will have to likely offer and provide some amount of discount to the drawee based on the days remaining for the maturity of the bill.
shaalaa.com
Retiring of the Bill
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
