Protest for non-payment after dishonour by non-acceptance permits protest at place of payment without further presentment. Bills of exchange drawn payable at a place other than the drawee's residence that are dishonoured by non-acceptance may be protested for non-payment at the place specified for payment without further presentment to the drawee, unless paid before or at maturity.
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.
Protest for non-payment after dishonour by non-acceptance permits protest at place of payment without further presentment.
Bills of exchange drawn payable at a place other than the drawee's residence that are dishonoured by non-acceptance may be protested for non-payment at the place specified for payment without further presentment to the drawee, unless paid before or at maturity.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.