Bare ActsThe NEGOTIABLE INSTRUMENTS ACT, 1881

Section 92

Dishonour by non-payment

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Dishonour by non-payment.—A promissory note, bill of exchange or cheque is said to be dishonoured by non-payment when the maker of the note, acceptor of the bill or drawee of the cheque makes default in payment upon being duly required to pay the same.

Section 92 – The NEGOTIABLE INSTRUMENTS ACT, 1881 | DailyLaw.ai