Excuse for delay in presentment protects holders when delay is beyond their control, requiring presentment within reasonable time. Delay in presentment for acceptance or payment is excused if the delay is caused by circumstances beyond the control of the holder and not imputable to his default, misconduct or negligence; when the cause of delay ceases to operate, presentment must be made within a reasonable time.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Excuse for delay in presentment protects holders when delay is beyond their control, requiring presentment within reasonable time.
Delay in presentment for acceptance or payment is excused if the delay is caused by circumstances beyond the control of the holder and not imputable to his default, misconduct or negligence; when the cause of delay ceases to operate, presentment must be made within a reasonable time.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.