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The Negotiable Instruments Act, 1881

Section 21AWhen note or bill payable on demand is overdue

In forceChapter II OF NOTES, BILLS AND CHEQUES

Chapter II OF NOTES, BILLS AND CHEQUES

s. 21A

21A. When note or bill payable on demand is overdue [A promissory note or bill of exchange payable on demand shall be deemed to be overdue when it appears on the face of it to have been in circulation for an unreasonable length of time.

  1. 4. Sections 21A, 21B and 21C were inserted by section 12 of the Negotiable Instruments (Amendment) Ordinance, 1962 (Ordinance No. XLIX of 1962)

End of s. 21A.

Read the contents: The Negotiable Instruments Act, 1881