Responsibility of Signatories of Commercial Documents مقاله

خلاصه ماشینی:

The answer to this objection is that the legal foundation of guarantee in commercial instruments and similar legal foundations, such as third-party acceptance, payment of a bill by a third party, and recourse bills, is based on the idea that to save the drawer and the endorsers who are being referred the holders of the bill are concerned that their credit may be revoked. B-Responsibility of the drawer in case of non-payment If the holder of the bill of exchange refers to the drawee at maturity or faces non-payment, his right to refer to the drawer for the demand of the amount of the instrument is provided in Article 249 of the Commercial Code. 9 Nevertheless, since according to Article 280 of the Commercial Code, the holder of a bill of exchange or a promissory note who faces non-payment must take action for a protest of non-payment within 10 days from the date of maturity, in practice, if the holder of the instrument presents the instrument to the obligor for demand of payment within the prescribed period for protest, no problem will arise for him. Considering the importance of the subject, the exact text of the ruling is quoted here: "The Check Issuance Law approved in 1355, in Articles 2 and 3, and the Commercial Code, Articles 310 to 315, stipulate specific conditions regarding checks in terms of the time for visiting the bank and the action of the drawee bank to pay the check amount or issue a certificate of non-payment of its value, and the legal duty of the bank regarding notifying the check issuer of these matters.