https://www.taxtmi.com/acts?id=7719 The maker or drawer of a foreign promissory note, bill of exchange or cheque is governed in all essential matters by the law of the place where he made the instrument, while the respective liabilities of the acceptor and indorser are governed by the law of the place where the instrument is made payable; this determines consequences such as applicable interest rates when laws differ. en-us Sat, 19 Jan 2008 22:45:54 +0530 Sat, 19 Jan 2008 22:45:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=7719 The maker or drawer of a foreign promissory note, bill of exchange or cheque is governed in all essential matters by the law of the place where he made the instrument, while the respective liabilities of the acceptor and indorser are governed by the law of the place where the instrument is made payable; this determines consequences such as applicable interest rates when laws differ. Act-Rules Indian Laws Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=7719