Section 63 NI Act — Drawee’s time for deliberation

The Negotiable Instruments Act, 1881 · Official PDF page 17

63. Drawee’s time for deliberation .—The hol der must, if so required by the drawee of a bill of exchange presented to him for acceptance, allow the drawee 2[forty-eight] hours (exclusive of public holidays) to consider whether he will accept it.

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.

For research. Check the official gazette and later amendments before citing a section.