FOREIGN EXCHANGE MANAGEMENT (ENCASHMENT OF DRAFT, CHEQUE, INSTRUMENT AND PAYMENT OF INTEREST) RULES, 2000. - Foreign Exchange Management (Encashment of Draft, Cheque, Instrument And Payment of Interest) Rules, 2000.
FOREIGN EXCHANGE MANAGEMENT (ENCASHMENT OF DRAFT, CHEQUE, INSTRUMENT AND PAYMENT OF INTEREST) RULES, 2000. - Foreign Exchange Management (Encashment of Draft, Cheque, Instrument And Payment of Interest) Rules, 2000.
Indemnity protects encashers against liabilities arising from the encashment of drafts, cheques and other instruments delivered. The Central Government shall indemnify the Reserve Bank of India or an authorised person against any liability which the Reserve Bank of India or an ... Summary
Indemnity protects encashers against liabilities arising from the encashment of drafts, cheques and other instruments delivered.
The Central Government shall indemnify the Reserve Bank of India or an authorised person against any liability which the Reserve Bank of India or an authorised person may incur by reason of, or in connection with, the encashment of the draft, cheque or other instrument delivered to it, covering liabilities arising from the act of encashment.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.