Legislative Dictionary - D
Judicial Dictionary
Legislative Dictionary
Drawer, Drawee
Category | D |
---|---|
Title | Drawer, Drawee |
Details | The maker of a bill of exchange or cheque is called the "drawer"; the person thereby directed to pay is called the "drawee". [See section 7, the Negotiable Instrument Act, 1881 (Act No. XXVI of 1881)]. |
Created On | June 4, 2011, 4:50 AM |
Hits | 348 |