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Corporate & Other Laws

Example 36(i) ..why notice of dishonour is not required

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Shankari C

Shankari C

CA Inter

12K+

20-Oct-22 00:01

586

Answers (9)

Best Answer

Because in both cases , the drawer of the bill/cheque already know that the instrument is or will be dishonoured. In case of cheque, the drawer drew cheque knowing there was less balance and would be dihonoured. In case of Bill, the drawer himself informs the holder that instrument will be dishonoured. Notice of dishonour is needed when drawer may not be knowing about the possibility of dishonour.


CA YOGITA HARJANI

CA YOGITA HARJANI

Faculty

20-Oct-22 19:25

And also for 2) answer


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Shankari C

Shankari C

CA Inter

12K+

20-Oct-22 00:02

Can anyone clarify me please


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Shankari C

Shankari C

CA Inter

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20-Oct-22 08:55

Can u pls post the answer too


Thanusha Lakshmi

Thanusha Lakshmi

CA Final

3K+

20-Oct-22 11:26

Answer is given bottom


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Shankari C

Shankari C

CA Inter

12K+

20-Oct-22 15:27

Refer section 98.


Sugam SM

Sugam SM

CA Final

9K+

20-Oct-22 15:38

Sugam SM

Refer section 98.

In that no clear explanation


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Shankari C

Shankari C

CA Inter

12K+

20-Oct-22 17:14

Thread Starter

Shankari C

In that no clear explanation

Regarding the notice for this type of cases


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Shankari C

Shankari C

CA Inter

12K+

20-Oct-22 17:15

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