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negotiable instruments act

(Querist) 31 October 2009 This query is : Resolved 
Does NEGOTIABLE INSTRUMENTS (AMENDMENT AND MISCELLANEOUS PROVISIONS) ACT 2002 is effective
Raj Kumar Makkad (Expert) 31 October 2009
Yes. This amendment is effective according to which the notice period has been extended to 1 month in place of 15 days and some other amendments were also made.
Sachin Bhatia (Expert) 31 October 2009
Yes this amendmend is effective.
PJANARDHANA REDDY (Expert) 31 October 2009
accordingly so many judgments also came out
A V Vishal (Expert) 31 October 2009
The NEGOTIABLE INSTRUMENTS (AMENDMENT AND MISCELLANEOUS PROVISIONS) ACT 2002 is effective from 6-2-2003
adv. rajeev ( rajoo ) (Expert) 31 October 2009
This act is effective. It is prospective effect not retorspective effect./
yogesh (Expert) 31 October 2009
When the act is enacted it become effective
A V Vishal (Expert) 31 October 2009
Yogesh this is for you:

Short title and commencement.

1. Short title and commencement.-(1) This Act may be called the Negotiable Instruments (Amendment and Miscellaneous Provisions) Act,


(2) It shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint and different dates may be appointed for different provisions of this Act. CHAP AMENDMENTS TO THE NEGOTIABLE INSTRUMENTS ACT, 1881 CHAPTER II AMENDMENTS TO THE NEGOTIABLE INSTRUMENTS ACT, 1881

Hence the act doesnot become effective when it is enacted but from a date notified in the gazzette.
Adinath@Avinash Patil (Expert) 01 November 2009
n.i.act is effective


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