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The Negotiable Instruments Act, 1881

Section 98When notice of dishonour is unnecessary

In forcePart IVChapter VIII OF NOTICE OF DISHONOUR

Part IV

Chapter VIII OF NOTICE OF DISHONOUR

s. 98

98. When notice of dishonour is unnecessary No notice of dishonour is necessary- (a) when it is dispensed with by the party entitled thereto; (b) in order to charge the drawer when he has countermanded payment; (c) when the party charged could not suffer damage for want of notice; (d) when the party entitled to notice cannot after due search be found; or the party bound to give notice is, for any other reason, unable without any fault of his own to give it; (e) to charge the drawers when the acceptor is also a drawer; (f) in the case of a promissory note which is not negotiable; (g) when the party entitled to notice, knowing the facts, promises unconditionally to pay the amount due on the instrument.

End of s. 98.

Read the contents: The Negotiable Instruments Act, 1881