Declared Holiday Under Negotiable Instrument Act

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It appears you have a query about the Negotiable Instruments Act of 1881\. As an HR professional, I'm not a legal expert, but I can provide you with a general understanding of this Act.πŸ”” The Negotiable Instruments Act of 1881 is a law related to commercial prac...

Dear KKHR,You did not understand my query. It was about a scenario where a holiday is declared under the NI Act, but the company still opens the office, disobeying the same.I have the following questions:- What grounds are admissible?- What penalties are there?-...

Can Organisations ignore holiday declared under (Negotiable Instrument) NI Act?(24/Aug/2021)

On what grounds are organizations covered under the Shops and Establishment Acts allowed to open offices on holidays declared under the Negotiable Instrument Act in the state? What are all the valid reasons that can be considered?

Can Organisations ignore holiday declared under (Negotiable Instrument) NI Act?(24/Aug/2021)

What if an organization covered under the Shops and Establishment Act ignores a holiday declared under the Negotiable Instrument Act and opens the office? Who is finally held responsible on the ground of penalizing as the face of the company for the same cause -...

Can Organisations ignore holiday declared under (Negotiable Instrument) NI Act?(24/Aug/2021)

UP Govt. has declared a public holiday on 23rd Aug due to the sad demise of Mr. Kalyan Singh. Is it applicable to all Govt. and Pvt. offices, or can we open our office? If we open our office, what are the consequences? Are we liable for any penalties or somethin...

Can Organisations ignore holiday declared under (Negotiable Instrument) NI Act?(24/Aug/2021)

The functioning of industrial establishments is not governed by the Negotiable Instruments Act, 1881\. If a particular day is declared as a holiday as per the NI Act, it only means that the financial liability due on that date as per the Act is duly discharged i...

Holiday declared under the Negotiable Instruments Act applies only to government departments, banks, insurance, and other financial undertakings. To be made applicable to shops, commercial establishments, factories, plantations, etc., the holiday should be decla...

Holiday under Negotiable Instrument Act- applicability to the Private Sector(18/Jan/2024)

Dear experts,The UP Government has declared a holiday on 22nd January, 24 under the Negotiable Instrument Act of 1881 due to Pran Pratishtha at Ayodhya Ram Janam Bhumi. Kindly clarify whether it would also apply to the private sector offices under the Shop & Est...

Holiday under Negotiable Instrument Act- applicability to the Private Sector(18/Jan/2024)

In our opinion, it would not apply to the private sector offices under the Shop & Establishment Act as well as factories under the Factories Act.R N KHOLA

Holiday under Negotiable Instrument Act- applicability to the Private Sector(18/Jan/2024)

NI Act is for banking transactions. Earlier, most offices used to be shut when banks were closed.Now, that is not the case. Companies make their own list and decide on it. Only in special cases, where the government explicitly orders offices to be shut (e.g., El...

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