Banking and Negotiable Instruments by Avtar Singh – 2nd Edition 2011

Description

In this book for the first time the subject of negotiable instruments has been dealt with elaborately covering not only the latest case-law on the subject but also the recent amendments in the law relating to negotiable instruments. For example, this is one of the first commentaries that incorporate the changes introduced by the Amendment Act 55 of 2002. The act has ushered in remarkable changes in its wake. The law relating to dishonour of cheques has been made more stringent and the procedure to be followed by the Courts in such cases has been simplified to enable the speedy disposal of the cases. The limitation period for the issue of notice in such cases has been increased to 30 days from 15 days. The amendment further provides for the issue and acceptance of cheques in electronic form including truncated cheques in electronic image it also provides for digital signatures ans asymmetric crypto system.

The work gives a detailed commentary on the three kinds of negotiable instruments recognised by the Indian Negotiable Instruments Act, 1882, viz., promissory note, bill of exchange and cheque. A comprehensive introduction, discusses the definition of a Negotiable Instrument and the kinds of negotiable instruments, the rights and duties of the parties as well as the legal conditions to complete the negotiable instrument, all explained in an unambiguous language. A large number of cases relating to cheques, including dishonour of cheques, have been discussed.

Another highlight of the book is its simplicity of explanation combined with a style that ensures easy understanding for the reader. The book will surely prove to be indispensable for lawyers, bankers, financial institutions, businessman and students.

“… Avtar Singh, a distinguished author”

– Law Books in Review, U.S.A.

“Dr. Avtar Singh writes with an ease and simplicity that holds the attention of the reader…”

– Cochin University Law Review

“Avtar Singh displays an amazing capacity… It goes to his credit for presenting a comprehensive picture reflecting clarity of thought and analysis of the subject.”

– Lex Et Juris

“References to other sources are excellent, legal content and coverage of the book is good”.

– Dr. Saurabh Chandra, Asst. Prof.,Symbiosis Law School, Noida

“Dr. Avtar Singh has presented the book in very simple, lucid and straight forward manner. The Negotiable Instrument Act has been properly dealt with. The icing on the cake is the covering of Supreme Court and High Court rulings. The overall quality is very good and indispensable for students”.

– Gurujit Singh, Advocate & Guest Faculty at RGNUL, Punjab

“References to other sources are good. Language used is good in this book.”

– Sreeparvathy. G, Guest Faculty, Banking Law

“This comprehensive book by the author Dr. Avtar Singh “Banking and Negotiable Instruments provides for the better understanding of the Acts and the judicial interpretation given to the statutory provisions. This book being divided into these parts gives clarity about the different concepts made easy to understand.”

– Kusum Lata, Asst. Professor, VIAS, Pitampura

“Overall the book contains all the topic related to Banking Law.”