NIA Section 24

Negotiable Instruments Act

US
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NIAChapter II

S. 24

Calculating maturity of bill or note payable so many days after date or sight

Description

In calculating the date at which a promissory note or bill of exchange made payable a certain number of days after date or after sight or after a certain event is at maturity, the day of the date, or of presentment for acceptance or sight, or of protest for non-acceptance, or on which the event happens, shall be excluded.

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