Site navigation

Under the Negotiable Instruments Act, 1881, notice of dishonour is not required to be given to:

Section 93 of the Negotiable Instruments Act does not require notice to the "maker" of a dishonoured note, or the drawee or acceptor of a dishonoured bill or cheque. Notice…

Choose your answer

Under the Negotiable Instruments Act, 1881, notice of dishonour is not required to be given to:

Select one answer
Answer and explanation

Correct answer B

Section 93 of the Negotiable Instruments Act does not require notice to the "maker" of a dishonoured note, or the drawee or acceptor of a dishonoured bill or cheque. Notice ordinarily protects the drawer and indorsers, but Section 98 lists cases dispensing with it, such as waiver or countermanded payment.

Practice for these exams

Related exam syllabi

Related questions in this topic