Bare ActsThe NEGOTIABLE INSTRUMENTS ACT, 1881

Section 63

Drawee’s time for deliberation

Amendment status not verified — confirm the current text below against the official source.

Drawee’s time for deliberation.—The holder must, if so required by the drawee of a bill of exchange presented to him for acceptance, allow the drawee 2[forty-eight] hours (exclusive of public holidays) to consider whether he will accept it.

Section 63 – The NEGOTIABLE INSTRUMENTS ACT, 1881 | DailyLaw.ai