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of <h1>Agent and Principal Granted Equal Time for Notice of Dishonor Under Negotiable Instruments Act, 1881</h1> When a negotiable instrument is deposited with an agent for presentment, the agent is granted the same timeframe to notify the principal of dishonor as a holder would have. Subsequently, the principal is entitled to an equivalent period to issue a notice of dishonor. This provision ensures that both the agent and principal have adequate time to fulfill their respective notification obligations under the Negotiable Instruments Act, 1881.
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