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The Negotiable Instruments Act, 1881

Section 83Discharge by allowing drawee more than forty-eight hours to accept

In forcePart IVChapter VII OF DISCHARGE FROM LIABILITY ON NOTES, BILLS AND CHEQUES

Part IV

Chapter VII OF DISCHARGE FROM LIABILITY ON NOTES, BILLS AND CHEQUES

s. 83

83. Discharge by allowing drawee more than forty-eight hours to accept If the holder of a bill of exchange allows the drawee more than forty-eight hours, exclusive of public holidays, to consider whether he will accept the same, all previous parties not consenting to such allowance are thereby discharged from liability to such holder.

End of s. 83.

Read the contents: The Negotiable Instruments Act, 1881