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The Negotiable Instruments Act, 1881

( ACT NO. XXVI OF 1881 )

Chapter XV

SPECIAL PROVISIONS RELATING TO BILLS OF EXCHANGE

When presentment excused

131G. Presentment for acceptance is excused, and a bill of exchange may be treated as dishonoured by non-acceptance-

 
 
 
 

(a) where the drawee is dead or is insolvent or is a fictitious person or a person not having capacity to contract by bill of exchange;

 
 
 
 

(b) where, at the due date for presentment, the drawee cannot, after reasonable search, be found at the place at which the bill is to be presented;

 
 
 
 

(c) where, after the exercise of reasonable diligence such, presentment cannot be effected;

 
 
 
 

(d) where, although the presentment has been irregular, acceptance has been refused on some other ground.


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