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The Negotiable Instruments Act, 1881

Section 17Ambiguous instruments

In forceChapter II OF NOTES, BILLS AND CHEQUES

Chapter II OF NOTES, BILLS AND CHEQUES

s. 17

17. Ambiguous instruments Where an instrument may be construed either as a promissory note or bill of exchange, the holder may at his election treat it as either, and the instrument shall be thenceforward treated accordingly.

End of s. 17.

Read the contents: The Negotiable Instruments Act, 1881