Category
page 1Indian business law

hundi
thumbnail|right|A hundi for Rs 2500 of 1951, stamped in the Bombay Province with a pre-printed revenue stamp.
A hundi or hundee is a financial instrument that was developed in Medieval India for use in trade and credit transactions. Hundis are used as a form of remittance instrument to transfer money from place to place, as a form of credit instrument or IOU to borrow money and as a bill of exchange in trade transactions. The Reserve Bank of India describes the hundi as "an unconditional order in writing made by a person directing another to pay a certain sum of money to a person named in the
Essential Commodities Act, 1955
Act of the Parliament of India
Indian Contract Act, 1872
Act of Imperial Legislative Council of India
The Indian Partnership Act,1932
informations on partnership firm
Foreign Exchange Management Act, 1999
Act of the Parliament of India, replaces Act 46 of 1973