NIA Section 92

Negotiable Instruments Act

US
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NIAChapter VIII

S. 92

Dishonour by non-payment

Description

A promissory note, bill of exchange or cheque is said to be dishonoured by non-payment when the maker of the note, acceptor of the bill or drawee of the cheque makes default in payment upon being duly required to pay the same.

By Raman Devgan
Updated: 16 Aug 2018
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