CA Foundation doubt
If someone know about the applicable provision, in this case , please share .
Asked by Mohak12 Aug 2025589 views
3 answers
Mohak · 12 Aug 2025
Thank you
Khushi · 12 Aug 2025
promissory notes, bill of exchange and cheques must be presented for payment to the maker, acceptor or drawee n default of such presentment, the other parties thereto are not liable thereon to such holder.Therefore, the presentation of the bill by Priya to Sanjay’s assistant is not valid under law.
Khushi · 12 Aug 2025
Section 64, presentment for payment applicable hoga
Free app · 5 lakh+ learners
Ask your doubt in the Studycaller app
Read full notes, ask doubts, follow toppers and track your study hours — free on Android and iPhone.