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.

The holder must, if so required by the drawee of a bill of exchange presented to him for acceptance, allow the drawee 1 [forty-eight] hours (exclusive of public holidays) to consider whether he will accept it.

Amended up to 2019-11-02View on India Code →
Section 63 – The Negotiable Instruments Act, 1881 | DailyLaw.ai