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.
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.
No, a bill of exchange can’t be conditional, by law a BOE is supposed to be an unconditional directory order to pay certain sum of money, attaching a condition to it renders it invalid and unenforceable
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