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MeraSkill.com Online preparation for CA CPT,CS & CMA Foundation exam
Promissory Note
MeraSkill.com Online preparation for CA CPT,CS & CMA Foundation exam
MeraSkill.com Online preparation for CA CPT,CS & CMA Foundation exam
MeraSkill.com Online preparation for CA CPT,CS & CMA Foundation exam
Drawer / Payer/ Promisor / Maker
Drawee / Payee / Promisee
Endorsee
Parties to a Promissory Note
MeraSkill.com Online preparation for CA CPT,CS & CMA Foundation exam
➢ in writing and not oral
➢ unconditional promise to pay
➢ signed by the maker
➢ maker certain person
➢ sum payable certain
➢ the person to whom payment -must be certain. Not payable to a bearer
➢ sum payable certain
➢ properly stamped
(does not require acceptance because the maker himself promises to make the payment)
What is a Promissory Note
MeraSkill.com Online preparation for CA CPT,CS & CMA Foundation exam
Watch Full Video course & take quiz visit
https://www.meraskill.com
https://meraskill.com/ca-cpt/cpt-notes
https://meraskill.com/ca-cpt/cpt-exam
http://www.meraskill.com/cpt-question-paper
https://meraskill.com/ca-cpt/cpt-syllabus
https://www.meraskill.com/fridayrelease
MeraSkill.com Online preparation for CA CPT,CS & CMA Foundation exam

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Promissory note

  • 1. MeraSkill.com Online preparation for CA CPT,CS & CMA Foundation exam Promissory Note MeraSkill.com Online preparation for CA CPT,CS & CMA Foundation exam
  • 2. MeraSkill.com Online preparation for CA CPT,CS & CMA Foundation exam
  • 3. MeraSkill.com Online preparation for CA CPT,CS & CMA Foundation exam Drawer / Payer/ Promisor / Maker Drawee / Payee / Promisee Endorsee Parties to a Promissory Note
  • 4. MeraSkill.com Online preparation for CA CPT,CS & CMA Foundation exam ➢ in writing and not oral ➢ unconditional promise to pay ➢ signed by the maker ➢ maker certain person ➢ sum payable certain ➢ the person to whom payment -must be certain. Not payable to a bearer ➢ sum payable certain ➢ properly stamped (does not require acceptance because the maker himself promises to make the payment) What is a Promissory Note
  • 5. MeraSkill.com Online preparation for CA CPT,CS & CMA Foundation exam Watch Full Video course & take quiz visit https://www.meraskill.com https://meraskill.com/ca-cpt/cpt-notes https://meraskill.com/ca-cpt/cpt-exam http://www.meraskill.com/cpt-question-paper https://meraskill.com/ca-cpt/cpt-syllabus https://www.meraskill.com/fridayrelease MeraSkill.com Online preparation for CA CPT,CS & CMA Foundation exam

Notas del editor

  1. INR is not a promissory note