PARTIES TO NEGOTIABLE INSTUMENT

Prepared by: Zubair AliPartner: Awais Shah

B.Com 3rd

Payee or Endorsee Who is in possession

Holder

Entitled to posses Entitled to Receive the Amount Entitled to Negotiate & Sue

Conditions

For Consideration

Holder In Due Course

Holder Lawful Consideration Holder Before Maturity Complete and Regular Holder In Good Faith

Conditions

Better Title Transfer Of Good Title Incomplete Stamped Instrument

Privileges

Prior Parties Fictitious Bill Instrument without Consideration

Cont…..

Conditional Instrument Payee’s Incapacity to Endorse Capacity of Prior Parties

Cont……

Several Payees No one could Negotiate Separately Legal Representative of Deceased Can Sue

Joint Holder

Additional Drawee name Could be Mentioned

Could accept bill if Original Drawee refuses Such Drawee Called “Drawee In Case Of

Need

Drawee In Case Of Need

Minor Insolvent Person Of Unsound Mind Joint Stock Company

Capacity Of Parties

Partner Agent Legal Heirs

Cont……

Thank You!