NIA Section 75A

Negotiable Instruments Act

US
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NIAChapter V

S. 75 A

Excuse for delay in presentment for acceptance or payment

Description

Delay in presentment for acceptance or payment is excused if the delay is caused by circumstances beyond the control of the holder, and not imputable to his default, misconduct or negligence. When the cause of delay ceases to operate, presentment must be made within a reasonable time.

By Raman Devgan
Updated: 31 Oct 2022
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