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Asked June 21, 2016

Validity of bill of exchange

  • 1 Answer
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What is the validity of a hand written bill exchanged between a buyer and a seller? Will a hand-written bill written by a third person but properly understood and executed by the buyer and seller be valid?

Answer 1

In A C T O Jhalawar vs M/S Hanuman Industries Kota, it was decided by the Court that  law does not prohibit handwrittenbills / invoices. Therefore, your handwritten bills are enforceable in the Court of law [1]. 

 

 

 

[1] HIGH COURT OF JUDICATURE FOR RAJASTHAN AT JAIPUR BENCH ORDER S.B. SALES TAX REVISION PETITION NO.260/2011

 

Agree Comment 0 Agrees about 2 years ago
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