NIA Section 115

Negotiable Instruments Act

US
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NIAChapter XI

S. 115

Drawee in case of need

Description

Where a drawee in case of need is named in a bill of exchange, or in any indorsement thereon, the bill is not dishonoured until it has been dishonoured by such drawee.

By Raman Devgan
Updated: 31 Oct 2022
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