NIA Section 96

Negotiable Instruments Act

US
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NIAChapter VIII

S. 96

Agent for presentment

Description

When the instrument is deposited with an agent for presentment, the agent is entitled to the same time to give notice to his principal as if he were the holder giving notice of dishonour, and the principal is entitled to a further like period to give notice of dishonour.

By Raman Devgan
Updated: 16 Aug 2018
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