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What is meant by noting chsrges

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What is meant by noting chsrges

Posted by Sahil Butala 8 years, 2 months ago

CBSE > Class 11 > Accountancy

1 answers

Priya Kumari 8 years, 2 months ago

Noting charges are those charges that are paid to the lawyer to have a written consent by the drawee that he has dishonoured the bill of exchange.this consent is important because if the drawer approaches the court due the non payment of bill then drawer may not shuffle his words by giving any excuse for eg he may please the court that he dod not make the payment becaus the bill was not presented to him

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