Print View

[Section Index]

The Negotiable Instruments Act, 1881

( ACT NO. XXVI OF 1881 )

Chapter VIII

OF NOTICE OF DISHONOUR

When notice of dishonour is unnecessary
98. No notice of dishonour is necessary-
 
 
 
 
(a) when it is dispensed with by the party entitled thereto;
 
 
 
 
(b) in order to charge the drawer when he has countermanded payment;
 
 
 
 
(c) when the party charged could not suffer damage for want of notice;
 
 
 
 
(d) when the party entitled to notice cannot after due search be found; or the party bound to give notice is, for any other reason, unable without any fault of his own to give it;
 
 
 
 
(e) to charge the drawers when the acceptor is also a drawer;
 
 
 
 
(f) in the case of a promissory note which is not negotiable;
 
 
 
 
(g) when the party entitled to notice, knowing the facts, promises unconditionally to pay the amount due on the instrument.
 
 

Copyright © 2019, Legislative and Parliamentary Affairs Division
Ministry of Law, Justice and Parliamentary Affairs