https://www.taxtmi.com/acts?id=7612 The maker of a promissory note and an acceptor of a bill are bound to pay the amount due at maturity according to the instrument's apparent tenor, and an acceptor at or after maturity must pay the holder on demand. In default of such payment, the maker or acceptor is liable to compensate any party to the note or bill for loss or damage sustained and caused by the default. en-us Sat, 19 Jan 2008 22:45:54 +0530 Sat, 19 Jan 2008 22:45:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=7612 The maker of a promissory note and an acceptor of a bill are bound to pay the amount due at maturity according to the instrument's apparent tenor, and an acceptor at or after maturity must pay the holder on demand. In default of such payment, the maker or acceptor is liable to compensate any party to the note or bill for loss or damage sustained and caused by the default. Act-Rules Indian Laws Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=7612