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Section 24 NI Act — Calculating maturity of bill or note payable so many days after date or sight

The Negotiable Instruments Act, 1881 · Official PDF page 12

Open in NyayaOfficial PDF, page 12

24. Calculating maturity of bill or note payable so many days after date or sight. —In calculating the date at which a promissory note or bill of exchange made payable a certain number of days after date or after sight or after a certain event is at maturity, the day of the date, or of presentment for acceptance or sight, or of protest for non-acceptance, or on which the event happens, shall be excluded.

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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