← Back to All Questions

Can “Bill of exchange” be conditional?

Posted by jobseeker Parth Mudgal | Approved
Answers (2)

No, a bill of exchange cannot be conditional. It must be an unconditional order to pay a certain amount of money. If it has any condition attached, it is not a valid bill of exchange under the law.

Answered by jobseeker Lavanya Bhardwaj | Approved

No, a Bill of Exchange cannot be conditional.

According to the Negotiable Instruments Act, 1881, a bill of exchange must contain an unconditional order to pay a certain sum of money. If it includes any condition, it ceases to be a valid bill of exchange and is not enforceable as such in law.

Answered by jobseeker Daimand Krishna rawat | Approved

Please login to submit an answer.

Quick Contact
Copyright ©2025 Lawvs.com | All Rights Reserved