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:: Volume 1, Issue 3 (Interdisciplinary Legal Research, Oct 2020) ::
ILR 2020, 1(3): 64-83 Back to browse issues page
The Balance between the Rights and Duties of Holder of Negotiable Instrument; Existent Order and Ideal Balancing
Ahmad Esfandiari 1, Gholamali Seifi Zinab2
1- Department of Private Law, Faculty of Humanity Science, Islamic Azad University, Sari Branch, Sari, Iran. (Corresponding Author)
2- Faculty of Law, Shahid Beheshti University, Tehran, Iran
Abstract:   (2226 Views)
Background and Aim: The aim of this research is a study of a balance between the rights and duties of holder of a negotiable instrument in Iranian negotiable instruments law and recognition of strength and weakness points and lacks in existent provisions.
Materials and Methods: This is a descriptive Study.
Ethical Considerations: All ethical considerations as well as authenticity of the texts have been observed.
Findings: The legislator in Iranian negotiable instruments law tried to create a balance between the rights and duties of persons entered in negotiable instrument and in accordance with that in opposing the rights such as collective liability of signers, possibility of demanding vast conservatory injunction etc. that give to the holder in order to strengthen and accelerate in payment the sum inserted, imposed to him duties such as delivering of instrument for acceptance and payment to drawer.
Conclusion: Iranian negotiable instruments law have not reached success to Balance Between The Rights And Duties of Holder of Negotiable Instrument; because in one hand, in spite of doing legal duties, there didn't given a suitable right to the holder in such a way that obligor or liable to instrument can     or by invoking to see of, weaken his position and in other hand, in some cases, created for him unilateral rights.
Keywords: Balance, Rights, Duties, Holder, Negotiable Instrument
Full-Text [PDF 1006 kb]   (1165 Downloads)    
Type of Study: Research |
Received: 2020/07/18 | Revised: 2020/08/11 | Accepted: 2020/08/23 | Published: 2020/10/1
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Esfandiari A, Seifi Zinab G. The Balance between the Rights and Duties of Holder of Negotiable Instrument; Existent Order and Ideal Balancing. ILR 2020; 1 (3) :64-83
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Volume 1, Issue 3 (Interdisciplinary Legal Research, Oct 2020) Back to browse issues page
فصلنامه علمی تخصصی پژوهش‌های حقوقی میان‌رشته‌ای The Quarterly Journal of Interdisciplinary Legal Research
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