

The Negotiable Instruments Act, 1881
Bare Act (Latest Edition)
Act No.: 26 of 1881
As Amended By:
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The Negotiable Instruments (Amendment) Act, 2018 (20 of 2018) (w.e.f. 01-09-2018)
With:
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Model Forms of Notice and Complaint for Dishonour of Cheques
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RBI Circular on procedure to be followed by scheduled banks in case of dishonour of cheques
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Form of Complaint (to be lodged) with the Banking Ombudsman
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Addresses of Officers of the Banking Ombudsman along with their areas of operation
Publisher: Ambition Publications
Book Description
The Negotiable Instruments Act, 1881 is a foundational commercial legislation governing cheques, promissory notes, and bills of exchange in India. It plays a crucial role in ensuring credibility, certainty, and enforceability of negotiable instruments, especially in matters relating to cheque dishonour and financial transactions.
This latest Bare Act edition incorporates the Negotiable Instruments (Amendment) Act, 2018, which introduced significant reforms such as interim compensation to payees and enhanced measures to strengthen the cheque dishonour mechanism under Sections 138 to 147 of the Act.
To enhance practical usability, the book includes model formats for legal notices and complaints, updated RBI procedural guidelines, and comprehensive details relating to the Banking Ombudsman. Supplemented with notes, charts, important case laws, recent rulings, legal maxims, diagrams, and flow charts, this edition is ideal for both academic study and professional reference.
Key Highlights
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Complete and updated text of the Negotiable Instruments Act, 1881
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Includes 2018 Amendment strengthening cheque dishonour provisions
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Practical formats for legal notices & complaints
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RBI guidelines for banks on dishonour of cheques
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Banking Ombudsman complaint procedure included
Special Features
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Notes for easy understanding
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Charts & flow charts
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Important case laws & recent rulings
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Legal maxims
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Diagrams for conceptual clarity
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One-word substitutions for exams
Ideal For
✔ LL.B. / LL.M. Students
✔ Judicial Services Aspirants
✔ Advocates & Legal Practitioners
✔ Banking & Financial Law Professionals
✔ Law Colleges & Libraries
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