NIA Section 25

Negotiable Instruments Act

US
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NIAChapter II

S. 25

When day of maturity is a holdiay

Description

When the day on which a promissory note or bill of exchange is at maturity is a public holiday, the instrument shall be deemed to be due on the next preceding business day.

...More in Chapter II
By Raman Devgan
Updated: 16 Aug 2018
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