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When the day on which a promissory note or bill of exchange is at maturity is a public holiday, the instrument shall be deemed to be due on the next preceding, business day. Explanation .-- The expression "public holiday" includes Sundays: 1 *** and any other day declared by the 2 [Central Government], by notification in the Official Gazette, to be a public holiday.
Amended up to 2019-11-02View on India Code →