63: Drawee’s time for deliberation — Negotiable Instruments Act, 1881

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The holder must, if so required by the drawee of a bill of exchange presented to him for acceptance, allow the drawee [forty eight] hours (exclusive of public holidays) to consider whether he will accept it.

Effective date: 1881-12-09

Related sections

62: Presentment of promissory note for sight 64: Presentment for payment 61: Presentment or acceptance 65: Hours for presentment 104A: When noting equivalent to protest 66: Presentment for payment of instrument payable after date or sight

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