The Negotiable Instruments Act, 1881 was enacted to provide legal recognition to credit instruments easily transferable as money. It defines negotiable instruments like promissory notes, bills of exchange, and cheques, including local usages. Instruments can be negotiated multiple times until maturi

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Explore the world of cheques in commerce with lectures by Dr. Kaynat Tawar on relevant topics such as cheque types, crossing, definitions, and characteristics. Learn about the meaning of cheques, their importance, and how they serve as a safe and convenient payment method in the financial world.

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Bank Reconciliation Statements are essential for reconciling differences between bank statement balances and accounting records. This process involves analyzing various transactions such as issued cheques, deposits, bank charges, and more. Check out examples and detailed explanations in this informa

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Learn about different types of cheques in the Indian banking system including bearer cheques, order cheques, crossed cheques, and account payee cheques. Understand the characteristics and usage of each type of cheque to facilitate secure and efficient financial transactions.

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The evolution of payment systems has come a long way, from the barter system in ancient times to the modern era of cryptocurrencies and digital payments. This journey includes the invention of coins, paper money, banknotes, cheques, credit cards, and the latest digital payment methods. The impact of

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Collecting bankers play a crucial role in collecting cheques and bills on behalf of customers. They act as agents, scrutinize instruments, check endorsements, present instruments on time, and collect proceeds in the payee's account. They also handle notice of dishonor and return instruments if neede

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