Under section 90 of the Negotiable Instruments Act, 1881, which event extinguishes all rights of action on a negotiable bill of exchange?

Section 90 of the Negotiable Instruments Act, 1881 extinguishes all rights of action on a negotiable bill when the acceptor becomes its holder in his own right at or after maturity, since the person primarily liable now holds the claim against himself. If he takes it back before maturity he may negotiate it again, and the drawer becoming holder is not covered. Failure to give notice of dishonour discharges only the party not given notice under section 93, not all rights on the bill.