NIA Section 101

Negotiable Instruments Act

US
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NIAChapter IX

S. 101

Contents of protest

Description

A protest under section 100 must contain:

  1. either the instrument itself, or a literal transcript of the instrument and of everything written or printed thereupon;
  2. the name of the person for whom and against whom the instrument has been protested;
  3. a statement that payment or acceptance, or better security, as the case may be, has been demanded of such person by the notary public; the terms of his answer, if any, or a statement that he gave no answer or that he could not be found;
  4. when the note or bill has been dishonoured, the place and time of dishonour, and, when better security has been refused, the place and time of refusal;
  5. the subscription of the notary public making the protest;
  6. in the event of an acceptance for honour or of a payment for honour, the name of the person by whom, of the person for whom, and the manner in which, such acceptance or payment was offered and effected.
    A notary public may make the demand mentioned in clause ( c ) of this section either in person or by his clerk or, where authorized by agreement or usage, by registered letter.

By Raman Devgan
Updated: 31 Oct 2022
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