This 60-acre swath of former warehouses, known as the Hayden Tract, is an exhibition of architectural experimentation, a place where windows slant, columns convulse and globular protuberances burst out of walls.
It is the first vertical element to sprout from an eccentric district of low-rise creative workspace that has been developing here in Culver City, on LA’s west side, over the last few decades. It is also the bombastic tombstone of a bygone era, a carbon-guzzling monument to a time when architectural ego trumped the interests of people and planet. This is (W)rapper, “an outrageous creative office tower”, in the words of its leasing agents, set to “reawaken the Los Angeles skyline”. It crashes into a warped lattice of bands that wrap around the glassy hulk, swooping past corner windows that jut in and out like broken teeth. A chunky grey staircase thrusts out from the side of a new office tower in Los Angeles, lunging towards a rail line before jerking back on itself and lurching up the building in jagged twists and turns. Thanks for taking out your time to read this blog.I hope you all must have gained some knowledge. Similarly, no revenue stamp is required to be affixed on cheques. There is, however, a custom among banks to mark cheques as ‘good’ for the purpose of clearance. It does not require acceptance and stamp: Unlike a bill of exchange, a cheque does not require acceptance on part of the drawee. Specific banker only : A cheque is always drawn only on a particular banker.Usually, the name & address of the banker is clearly printed on the cheque leaf itself. It may be drawn payable to bearer on demand unlike a bill or a pro-note.ĩ. It may be payable to the drawer himself: Cheques may be payable to the drawer himself/herself.
In both cases, the validity of the cheque is presumed to commence from the date mentioned on it.Ĩ. A post-dated or antedated cheque will not be invalid. Validity: A cheque is normally valid for six months from the date it bears. It is payable on demand: A cheque must be an order to pay a certain sum of money on demand but it is not necessary to the word ‘ on demand ‘ or equivalent words.ħ. It should be signed by the drawer and should be dated: A cheque does not carry any validity unless signed by the original drawer. If a cheque is drawn to do something in addition to, or other than to pay money, it cannot be a cheque.ĥ. The check must have an order to pay a certain sum: The cheque should contain an order to pay a certain sum of money only. unconditional : A cheque is an order to pay and it is not a request. A cheque can be drawn on a bank where the drawer has an account, saving bank, or current.ģ. It should be drawn on banker: It is always drawn on a specified banker.
An oral order to pay does not constitute a cheque.Ģ. Instrument in writing : A cheque must be in writing. If one takes a close look at the definition of a cheque, it becomes clear that a cheque has the following 10 essential elements or characteristicsġ. Definition: Cheque refers to a negotiable instrument that contains an unconditional order to the bank to pay a certain sum mentioned in the instrument, from the drawer’s account, to the person to whom it is issued, or to the order of the specified person or the bearer.
0 kommentar(er)
