67: Presentment for payment of promissory note payable by instalments — Negotiable Instruments Act, 1881

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A promissory note payable by instalments must be presented for payment on the third day after the date fixed for payment of each instalment; and non-payment on such presentment has the same effect as non- payment of a note at maturity.

Effective date: 1881-12-09

Related sections

66: Presentment for payment of instrument payable after date or sight 68: Presentment for payment of instrument payable at specified place and not elsewhere 65: Hours for presentment 69: Instrument payable at specified place 64: Presentment for payment 70: Presentment where no exclusive place specified

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