Banking and Negotiable Instruments by Dr. Avtar Singh is a comprehensive book on banking and negotiable instruments. The book is divided into three parts. The first part deals with the law of banking; the second part deals with DRT and SARFAESI, and the third part deals with Negotiable Instruments. The following are the notable features of this edition:
1. Includes a new part on DRT and SARFAESI
2. Includes a separate chapter on Dishonour of Cheques
3. Discusses the Negotiable Instruments (Amendment) Act, 2018
4. Covers the latest rulings of the Supreme Court and High Courts
The book discusses various aspects of recovery of debt through DRT, viz. making application to the tribunal, appeal to the appellate tribunal, pre-deposit provisions, etc. In the SARFAESI Act, provisions of enforcement of security interest, taking possession of the secured asset, etc. have been extensively dealt with. Further, the new chapter on Dishonour of Cheques analyses in depth the jurisdiction issue for an offence of criminal liability for dishonour of cheques.
The book will be of immense use for students of LL.B. and LL.M., bankers, financial institutions and businessmen. The book will prove to be indispensable for students appearing for the General and Specialist Officers exam conducted by the IBPS and bank employees and professionals appearing for the JAIIB/CAIIB examinations conducted by the Indian Institute of Banking & Finance.