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Section 45 of the Negotiable Instruments Act, 1881 applies where consideration:

Section 45 applies where non-money consideration partly fails and that part is "ascertainable in money without collateral enquiry". Money consideration is addressed by…

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Section 45 of the Negotiable Instruments Act, 1881 applies where consideration:

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Section 45 applies where non-money consideration partly fails and that part is "ascertainable in money without collateral enquiry". Money consideration is addressed by section 44, while total absence or failure falls under section 43.

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