Section 116 of Negotiable Instruments Act, 1881: Acceptance and payment without protest

The Negotiable Instruments Act, 1881 Chapter- XI Of Acceptance and Payment for Honour and Reference in case of […]

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The Negotiable Instruments Act, 1881

Chapter- XI Of Acceptance and Payment for Honour and Reference in case of need

Section 116: Acceptance and payment without protest.

116. A drawee in case of need may accept and pay the bill of exchange without previous protest.


 



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