LawgistThe Negotiable Instruments Act
17Ambiguous instruments
Where an instrument may be construed either as a promissory note or bill of exchange, the holder may at his election treat it as either, and the instrument shall be thenceforward treated accordingly.
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OF NOTES, BILLS AND CHEQUES
- 4 ''Promissory note''
- 5 ''Bill of exchange''
- 6 ''Cheque''
- 7 ''Drawer.'
- 8 ''Holder''
- 9 ''Holder in due course''
- 10 ''Payment in due course''
- 11 Inland instrument
- 12 Foreign instrument
- 13 ''Negotiable instrument''
- 14 Negotiation
- 15 Indorsement
- 16 Indorsement ''in blank'' and ''in full''
- 17 Ambiguous instruments
- 18 Where amount is stated differently in figures and words
- 19 Instruments payable on demand
- 20 Inchoate stamped instruments
- 21 ''At sight''
- 22 ''Maturity''
- 23 Calculating maturity of bill or note payable so many months after date or sight
- 24 Calculating maturity of bill or note payable so many days after date or sight
- 25 When day of maturity is a holiday
