Recovery of Debt under Negotiable Instruments Act: Whether Boon or Bane

  • Suyash Rajiv Agrawal and Dr. Hema V. Menon
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  • Suyash Rajiv Agrawal

    Student at Dr. Babasaheb Ambedkar College of Law, Deekshabhoomi, Nagpur, India

  • Dr. Hema V. Menon

    Assistant Professor at Dr. Babasaheb Ambedkar College of Law, Deekshabhoomi, Nagpur, India

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Abstract

The current paper examines the effectiveness of Negotiable Instruments in dealing with recovery of the debt and so also examines the procedures involved in the recovery of debt under negotiable instruments act. Each examines how stage wise complaint under negotiable isntruments takes place. It also examines various judicial precedents laid down and traces down why and how the requirement arose for enactment of negotiable instruments act.

Type

Research Paper

Information

International Journal of Law Management and Humanities, Volume 7, Issue 3, Page 287 - 294

DOI: https://doij.org/10.10000/IJLMH.117444

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This is an Open Access article, distributed under the terms of the Creative Commons Attribution -NonCommercial 4.0 International (CC BY-NC 4.0) (https://creativecommons.org/licenses/by-nc/4.0/), which permits remixing, adapting, and building upon the work for non-commercial use, provided the original work is properly cited.

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