NIA Section 105

Negotiable Instruments Act

US
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NIAChapter X

S. 105

Reasonable time

Description

In determining what is a reasonable time for presentment for acceptance or payment, for giving notice of dishonour and for noting, regard shall be had to the nature of the instrument and the usual course of dealing with respect to similar instruments; and, in calculating such time, public holidays shall be excluded.

By Raman Devgan
Updated: 16 Aug 2018
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