Subject: Principles of Insurance and Banking Course Code: FM-306 Lesson: 1 Author: Dr. S.S. Kundu Vetter: Dr. B.S. Bodla NEGOTIABLE INSTRUMENTS ACT‚ 1881 STRUCTURE 1.0 1.1 1.2 1.3 1.4 1.5 Objectives Introduction Meaning of Negotiable Instruments Characteristics of a negotiable instrument Presumptions as to negotiable instrument Types of negotiable Instrument 1.5.1 Promissory notes 1.5.2 Bill of exchange 1.5.3 Cheques 1.5.4 Hundis 1.6 Parties to negotiable instruments 1.6.1 Parties to Bill of
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[pic] Daffodil International University Topic: Roles played by banks regarding letter of credit. Submitted To:Nigar Sultana Lecturer Department of commerce Faculty of Business and Economics Daffodil International University. Submitted By: NAME ID Md.Saiful Hasan 062-18-911 Md. Imanur Rahman 062-18-883 Saleha Akter Lima 062-18-929 Abdullah Al Mamun 062-18-900 Md. Faroque Haydar 052-18-716 Date: 23 November
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SUBMITTED BY- ANIL KUMAR YADAV MFM-III‚ NIFT-Gandhinagar ASSIGNMENT 1 LEGAL ENVIRONMENT FOR BUSINESS SUBMITTED TO- MS NUPUR CHOPRA EXPORT DOCUMENTATION PROCEDURE It is important that a person engaged in international trade be aware of the various procedures involved. The business of export is heavily document-oriented and one must get acquainted with the entire procedure. Failure to comply with documentary requirement may lead to financial
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LEGAL WRITING 201 30 SUGGESTIONS TO IMPROVE READABILITY OR HOW TO WRITE FOR JUDGES‚ NOT LIKE JUDGES JUDGE MARK P. PAINTER OHIO FIRST DISTRICT COURT OF APPEALS Legal Writing 201 JUDGE MARK P. PAINTER OHIO FIRST DISTRICT COURT OF APPEALS TAFT LAW CENTER 230 EAST NINTH STREET CINCINNATI‚ OHIO 45202 513-946-3444 – FAX 946-3411 mpainter@cms.hamilton-co.org www.judgepainter.org ........................................................... Introduction to Legal Writing ...............
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What is a questioned document? Describe at least one example of something that might be a questioned document. A questioned document is any document with handwriting or typed writing that is questioned to its authenticity. One example would be a letter that was written from the suspect or anybody. 2. What is an exemplar? What are the best types of exemplars? An exemplar is an authentic sample that is compared to the questioned document. The best ones are the
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apparel industry. 3. OBSERVATION 3.1Company profile 3.2 Banking procedure. 3.2.1. L/C: Master L/C 3.2.2. Back to Back L/C. 3.2.3 Different types of L/C 4. OBSERVATION. 4.1 Company profile. 4.2 Shipping procedure. 4.3 Shipping documents. C I‚P L‚ EXPD 5. CONCLUSION. 6. RECOMMENDATION 7. BIBLIOGRAPHY/ REFERANCE 8. APPENDIX 1. INTRODUCTION: Apparel is one of the basic necessities of human civilization along with food‚ water and shelter. The Apparel Industry reflects people’s
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LEGAL ASPECTS OF BUSINESS Submitted By P.Sivaranjini I MBA ‘b’ Surya Group of Institutions NEGOTIABLE INSTRUMENTS ACT‚ 1881 The Negotiable Instruments Act was enacted‚ in India‚ in 1881. Prior to its enactment‚ the provision of the English Negotiable Instrument Act were applicable in India‚ and the present Act is also based on the English Act with certain modifications. It extends to the whole of India except the State of Jammu and Kashmir. The Act operates subject to the provisions
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LEGAL ISSUES INVOLVED IN VARIOUS FORMS OF BUSINESS ORGANISATIONS:- * SOLE PROPRIETORSHIP In India to establish a sole proprietorship there is no need of filing any legal documents with the Indian state government. There are four simple steps that should be taken: 1. Choose a business name. 2. File an assumed business name with the county recorder. 3. Obtain licenses‚ permits‚ and zoning clearance. 4. Obtain an Employer Identification Number. To establish a sole proprietorship
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with L/C opening and post import financing i.e. LIM & LTR. Now the procedure from opening L/C to disbursement against L/C is given below. APPLICATION FOR OPENING L/C: At first‚ an importer will request banker to open L/C along with the following documents. 1. An application 2. Indent or Performa Invoice 3. Import Registration Certificate (IRC) 4. Taxpayer Identification Number (TIN) 5. Insurance cover note with money receipt 6. A bank account. 7. Membership of chamber of commerce Indent
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Collection When banks handle documents in order to obtain acceptance and/or payment‚ following the instructions given to them‚ this is called «collection». The exporter presents to his bank an application form with the documents attached. This bank makes out a collection order and passes it over to its correspondent bank in the country of the importer. The correspondent bank or some other bank may present the documents to the importer or pass them over to another collecting bank. This presenting
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