Explain the law related to ambiguous and inchoate instruments.
Explain the Law Related to Ambiguous and Inchoate Instruments Introduction The Negotiable Instruments Act, 1881 governs the use of financial documents like cheques, promissory notes, and bills of exchange in India. Among the many legal concepts under this law, the terms “ambiguous instruments” and “inchoate instruments” are important. These instruments refer to documents that are […]
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