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Section 19 NI Act — Instruments payable on demand

The Negotiable Instruments Act, 1881 · Official PDF page 11

Open in NyayaOfficial PDF, page 11

19. Instruments payable on demand. —A promissory note or bill of exchange, in which no time for payment is specified, and a cheque, are payable on demand.

Text extracted from the official PDF (India Code source copy; consolidation date not certified). Line breaks and footnote marks may differ; the PDF is the authority.

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