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The Negotiable Instruments Act, 1881

Section 63Drawee’s time for deliberation

In forcePart IVChapter V OF PRESENTMENT

Part IV

Chapter V OF PRESENTMENT

s. 63

63. Drawee’s time for deliberation The holder must, if so required by the drawee of a bill of exchange presented to him for acceptance, allow the drawee forty-eight hours (exclusive of public holidays) to consider whether he will accept it.

End of s. 63.

Read the contents: The Negotiable Instruments Act, 1881