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Section 103 NI Act — Protest for non -payment after dishonour by non -acceptance

The Negotiable Instruments Act, 1881 · Official PDF page 23

Open in NyayaOfficial PDF, page 23

103. Protest for non -payment after dishonour by non -acceptance.—All bills of exchange drawn payable at some other place than the place mentioned as the residence of the drawee, and which are dishonoured by non-acceptance, may, without further presentment to the drawee, be protested for non -payment, in the place specified for payment, unless paid before or at maturity.

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