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Indian Law - Bare Acts India
Banking Law -
THE NEGOTIABLE INSTRUMENTS ACT, 1881


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67. Presentment for payment of promissory note payable by instalments
 

A promissory note payable by instalments must be presented for payment on the third day after the date fixed for payment of each installment; and non-payment on such presentment has the same effect as non-payment of a note at maturity.

 


 

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