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Section 103 – The Negotiable Instruments Act, 1881

The Negotiable Instruments Act, 1881

 

103. Protest of non-payment after dishonor by non-acceptance.-

 

All bills of exchange drawn payable at some other place than the place mentioned as the residence of the drawee, and which are dishonored by non-acceptance, may, without further presentment to the drawee, be protested for non-payment, in the place specified for payment, unless paid before or at maturity.

 

 

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The Negotiable Instruments Act, 1881

 

Indian Laws – Bare Acts

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