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Negotiable instruments

Corporate & Other Laws

Explain this Who is the drawer? who is the drawee? Cancellation of endorsement: Where the holder of a negotiable instrument, without the consent of the endorser, destroys or impairs the endorserâ??s remedy against a prior party, the endorser is discharged from liability to the holder to the same extent as if the instrument had been paid at maturity (Sec.40)


susee arunachalam

susee arunachalam

CA Final

25K+

26-Sep-20 01:05

342

Answers (2)

All these are explained in class and notes. If you have a specific doubt, pls let us know.


CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

26-Sep-20 08:10

CA Suraj Lakhotia Admin

All these are explained in class and notes. If you have a specific doubt, pls let us know.

Okay sir thank you


Thread Starter

susee arunachalam

susee arunachalam

CA Final

25K+

26-Sep-20 17:46

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