91: Dishonour by non-acceptance — Negotiable Instruments Act, 1881

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A bill of exchange is said to be dishonoured by non- acceptance when the drawee, or one of several drawees not being partners, makes default in acceptance upon being duly required to accept the bill, or where presentment is excused and the bill is not accepted. Where the drawee is incompetent to contract, or the acceptance is qualified, the bill may be treated as dishonoured.

Effective date: 1881-12-09

Related sections

90: Extinguishment of rights of action on bill in acceptor’s hands 92: Dishonour by non-payment 89: Payment of instrument on which alteration is not apparent 93: By and to whom notice should be given 88: Acceptor or indorser bound notwithstanding previous alteration 94: Mode in which notice may be given

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