Modes of Discharge of Negotiable Instrument

1. Introduction A negotiable instrument is said to be discharged when all rights on it are extinguished. The discharge of liability may be e...

Dishonour of Negotiable Instrument

1. Introduction Dishonour means failure to honour a negotiable instrument. This may be by non-acceptance, when a bill of exchange is present...

Dishonor of a Cheque

1. Introduction A cheque is draft drawn upon a bank payable on demand signed by the maker or drawer, containing an unconditional promise to ...

Auditor, its Powers and duties under company Law

1. Introduction When a person is an accountant or when a firm is accounting firm, and duty of such person or firm is to examine financial re...

Chief Executive under company law

1. Introduction In a company, post of chief executive is of great importance. A chief executive is the person who runs the management of the...

Director of Company under company law

1. Introduction A company is a legal entity and does not have any physical existence. It can act only through natural persons to run its aff...