Sat. May 8th, 2021

Section 62 of The Negotiable Instruments Act, 1881

1 min read

62.  Presentment of promissory note for sight.— A promissory note, payable at a certain period after sight must be presented to the maker thereof for sight (if he can after reasonable search be found) by a person entitled to demand payment, within a reasonable time after it is made and in business hours on a business day. In default of such presentment, no party thereto is liable thereon to the person making such default.

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