LawgistThe Negotiable Instruments Act
63Drawee's time for deliberation
The holder must, if so required by the drawee of a bill of exchange presented to him for acceptance, allow the drawee 1[forty-eight] hours (exclusive of public holidays) to consider whether he will accept it.
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1. Subs. by Act 12 of 1921, s. 2, for "twenty-four".
OF PRESENTMENT
- 61 Presentment for acceptance
- 62 Presentment of promissory note for sight
- 63 Drawee's time for deliberation
- 64 Presentment for payment
- 65 Hours for presentment
- 66 Presentment for payment of instrument payable after date or sight
- 67 Presentment for payment of promissory note payable by instalments
- 68 Presentment for payment of instrument payable at specified place and not elsewhere
- 69 Instrument payable at specified place
- 70 Presentment where no exclusive place specified
- 71 Presentment when maker, etc., has no known place of business or residence
- 72 Presentment of cheque to charge drawer
- 73 Presentment of cheque to charge any other person
- 74 Presentment of instrument payable on demand
- 75 Presentment by or to agent, representative of deceased, or assignee of insolvent
- 75A Excuse for delay in presentment for acceptance or payment
- 76 When presentment unnecessary
- 77 Liability of banker for negligently dealing with bill presented for payment
