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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Understanding Section 100: Noting and Protest of Dishonored Promissory Notes and Bills of Exchange Explained</h1> Section 100 of the Negotiable Instruments Act, 1881, outlines the process for noting and protesting a dishonored promissory note or bill of exchange. If a note or bill is dishonored due to non-acceptance or non-payment, the holder can have the dishonor noted and certified by a notary public, creating a protest. Additionally, if the acceptor of a bill becomes insolvent or their credit is questioned before the bill's maturity, the holder can request better security from the acceptor through a notary public. If refused, this can also be noted and certified as a protest for better security.
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