PRESENTATION ON :

NATURE OF NEGOTIABLE
INSTRUMENT
PRESENTED BY:
ABDUL BASEER
ASAD REHMAN
AMAN ULLAH
ABDUL REHMAN
AFTAB NASEER
ABDUL MANAN
 NATURE OF
NEGOTIABLE
INSTRUMENT
 Characteristics
1. ESSY TRANSFERABLITY
2. RIGHTS OF THE HOLDER
3. BETTER TITLE TO TRANSFEREE
4. UNCONDITIONAL PROMISE OR ORDER
5. CERTAIN AMOUNT
6. PRESUMPTIONS
7. IN WRITING
 PROMISSORY NOTE
 ESSENTIALS OF PROMISSORY NOTES
1. IT MUST BE IN WRITING
2. PROMISE TO PAY
3. UNCONDITIONAL PROMISE
4. SIGNED BY MAKER
5. CERTAIN PERSON
6. CERTAIN PAYEE
7. CERTAIN SUM
8. PAKISTANI CURRENCY
9. OTHER FORMALITIES
 BILL OF EXCHANGE
 ESSENTIALS OF A BILL OF EXCHANGE
1. IT MUS BE IN WRITING
2. UNCONDITIONAL ORDER
3. SIGNED BY DRAWER
4. CERTAIN DRAWEE
5. CERTAIN PERSON
6. CERTAIN SUM
7. PAKISTANI CURRENCY
8. OTHER OTHER FORMALITIES
 DEFERENCE B/W

PROMISSORY NOTE BILL OF EXCHANGE

 NNUMBER OF PARTIES
 MAKER AND PAYEE
 PROMISE AND ORDER
 NATURE OF LIABILITIES
 MAKERS POSITION
 LIABILITY OF DRAWER
 PAYABLE OF BEARER
 ACCEPTANCE
 PAYABLE TO MAKER
 PROTEST
 CHEQUE

 ESSENTIALS
1. IT MUST BE IN WRITING
2. UNCONDITIONAL ORDER
3. SIGNED BY DRAWER
4. PAYABLE ON DEMAND
5. CERTAIN SUM
6. PAYABLE TO BEARER OR PERSON
 DEFERENCES B/W
CHEQUE BILL OF EXCHANGE
 DRAWEE
 PAYABLE ON DEMAND
 PAYABLE TO BEARER ON DEMAND
 ACCEPTANCE
 GRACE DAYS
 STAMP
 CROSSING
 TYPES OF CHEQUES

1. OPEN CHEQUE
(a)BEARER CHEQUE
(b)ORDER CHEQUE
2. CROSED CHEQUE
 CROSSING OF A CHEQUE
1. GENERAL CROSSING
2. SPECIAL CROSSING
 ACCOUNT PAYEE CROSSING
 NOT-NEGOTIABLE CROSSING
 DEFERENT TYPES OF
NEGOTIABLE INSTRUMNRNTS

 INLAND INSTRUMENT
 FOREIGN INSTRUMENT
 BEARER INSTRUMENT
 ORDER INSTRUMENT
 AMBIGUOUS INSTRUMENT
 INSTRUMENT PAYABLE ON DEMAND
 INCHOAT INSTRUMENT
 FICTITIOUS BILL
 DEFERENT TYPES OF
NEGOTIABLE INSTRUMNRNTS

 UNDATED BILL
 BANED DRAFT
 BILL IN SETS
 CLEAN BILL
 TRADE BILL
 DEMAND INSTRUMENT
 TIME INSTRUMENT
MATURITY OF NEGOTIABLE
INSTRUMENTS

 PAYMENT IN DUE COURSE

1.APPARENT TENOR
2.GOODFAITH AND WITHOUT
NEGLIGENCE
3.HOLDER OF INSTRUMENT
4.LEGAL TENDER MONEY
THANK YOU!