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    Tulasi Chini
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    Bills of exchange There are two kinds of bills: inland bill and foreign bill. Inland bill is one which is drawn and payable in India or (ii) drawn in I nda upon some person resident in India even though it is made payable in a fore ign country. Thus in an inland bill of exchange both drawer and drawee belong to the same country.

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    Bills of exchange There are two kinds of bills: inland bill and foreign bill. Inland bill is one which is drawn and payable in India or (ii) drawn in I nda upon some person resident in India even though it is made payable in a fore ign country. Thus in an inland bill of exchange both drawer and drawee belong to the same country.

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    3 views1 page

    Bill

    Uploaded by

    Tulasi Chini
    Bills of exchange There are two kinds of bills: inland bill and foreign bill. Inland bill is one which is drawn and payable in India or (ii) drawn in I nda upon some person resident in India even though it is made payable in a fore ign country. Thus in an inland bill of exchange both drawer and drawee belong to the same country.

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    bills of exchange There are two kinds of bills: Inland Bill: An inland bill is one which is (i) drawn

    and payable in India or (ii) drawn in I ndia upon some person resident in India even though it is made payable in a fore ign country. Thus in an inland bill of exchange both drawer and drawee belong to the same country. Foreign Bill: A foreign bill is one which is drawn in one country and payable in another count ry.

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