92: Dishonour by non-payment — Negotiable Instruments Act, 1881

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A promissory note, bill of exchange or cheque is said to be dishonoured by non-payment when the maker of the note, acceptor of the bill or drawee of the cheque makes default in payment upon being duly required to pay the same.

Effective date: 1881-12-09

Related sections

91: Dishonour by non-acceptance 93: By and to whom notice should be given 90: Extinguishment of rights of action on bill in acceptor’s hands 94: Mode in which notice may be given 89: Payment of instrument on which alteration is not apparent 95: Party receiving must transmit notice of dishonour

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