NIA Section 135

Negotiable Instruments Act

US
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NIAChapter XVI

S. 135

Law of place of payment governs dishonour

Description

Where a promissory note, bill of exchange or cheque is made payable in a different place from that in which it is made or indorsed, the law of the place where it is made payable determines what constitutes dishonour and what notice of dishonour is sufficient.

...More in Chapter XVI
By Raman Devgan
Updated: 31 Oct 2022
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