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The Negotiable Instruments (Amendment) Act, 2015 is Retrospective

The Negotiable Instruments (Amendment) Act, 2015 LEGISLATION UPDATES STATUTES/BILLS/ORDINANCES Published on December 30, 2015 The Negotiable Instruments (Amendment) Act, 2015 though received the assent of the President on 26th December 2016, shall be deemed to have come into force on 15th June 2015 thereby giving retrospective effect to the enactment. The Act seeks to amend…