Author Description

The Bills Of Exchange Act 1882 Was Drafted By That Great Commercial Lawyer Sir Mackenzie Chalmers After He Had Read 2,500 Cases Which Made Up The Law Prior To The Act. The Act Was Intended To State The Law As It Was But Changes Were Made To Clarify Points Or To Take Decisions One Way Or Another. The 1882 Act Has Lasted Over The Years Without Substantial Amendment Except For The Cheques Act 1957 Giving Bankers Some Extra Protection With Regard To Unindorsed Or Irregularly Indorsed Cheques. The Act Assisted Negotiationability By Creating The Holder In Due Course Who Is Given Substantial Protection By The Act With A Variety Of Presumptions Being Made In His Favor. This Book Contains The Complete Text Of The 1882 Act In Its Current Amended Form Together With Detailed Explanatory Notes To Each Sectionl. These Explanatory Notes Contain Full References To Cases Decided Under Each Section. Annotated By Anu Arora. Includes Index.