Section 12Definitional
Foreign instrument
Full Text
Foreign instrument.—Any such instrument not so drawn, made or made payable shall be deemed to be a foreign instrument.
Plain English Summary
Defines a foreign instrument as any negotiable instrument that is not drawn, made, or made payable in India.
Key Legal Elements
- Any instrument that is not an inland instrument
- Not drawn, made, or made payable as per Section 11
Practical Note
Foreign instruments have different legal treatment under the Act, particularly regarding the requirement of protest for dishonour (Section 104), which is compulsory for foreign bills if the law of the place of origin requires it.
हिंदी पाठ
विदेशी लिखत।—कोई भी ऐसा लिखत जो इस प्रकार लिखा, बनाया या देय न बनाया गया हो, विदेशी लिखत माना जाएगा।