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Home › Bare Acts › Negotiable Instruments Act, 1881 › Section 63

Chapter V — Of Presentment

Section 63 — Drawee's time for deliberation

Negotiable Instruments Act, 1881 · Free to read

The holder must, if so required by the drawee of a bill of exchange presented to him for acceptance, allow the drawee [forty-eight] hours (exclusive of public holidays) to consider whether he will accept it.

← Section 62: Presentment of promissory note for sightSection 64: Presentment for payment →