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CHAPTER II OF NOTES, BILLSAND CHEQUES

Section 21: “At sight”

The Negotiable Instruments Act, 1881

“On presentment”.—Ina promissory note or bill of exchange the expressions “at sight” and “on presentment” mean on demand. The expression “After sight”—“after sight” means, in a promissory note, after presentment for sight, and, in a bill of exchange, after acceptance, or nothing for non-acceptance, or protest for non-acceptance.

Questions on this section

1 question in 5 of our papers cite Section 21.

Practise questions on Negotiable Instruments Act, 1881