Question:
What is Noting of a bill of exchange.

Answer:

To establish the fact that the bill was properly presented and dishonoured , the bill is usually handed over to a person called ‘Notary Public’, appointed by the court. The notary public again presents the dishonoured bill to the acceptor for payment and if the acceptor still refuses to make the payment , the Notary Public notes down the fact of dishonour on the bill itself. Such an act of Notary Public is called ‘Noting’.

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Question:
What is Noting of a bill of exchange.

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Question:
What is Noting of a bill of exchange.