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CHAPTER IV OF NEGOTIATION · C H A P T E R V O F P R E S E N T M E N T

Section 67: Presentment for payment of promissory note payable by instalments

The Negotiable Instruments Act, 1881

A promissory note payable by instalments must be presented for payment on the third day after the date fixed for payment of each instalment; and non-payment on such presentment has the same effect as non-payment of a note at maturity.

Questions on this section

1 question in 1 of our papers cite Section 67.

Practise questions on Negotiable Instruments Act, 1881