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Section 24 – The Negotiable Instruments Act, 1881

The Negotiable Instruments Act, 1881

 

24. Calculating maturity of bill or note payable so many days after date so sight.-

 

In calculating the date at which a promissory note or bill of exchange made payable a certain number of days after date of after sight or after a certain event is at maturity, the day of the date, or of presentment for acceptance or sight, or of protest for non-acceptance, or on which the event happens, shall be excluded.

 

 

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The Negotiable Instruments Act, 1881

 

Indian Laws – Bare Acts

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