When can a bill of exchange be dishonored by ‘non-acceptance’ and ‘non-payment’ under the provisions of Negotiable Instrument Act, 1881?

When can a bill of exchange be dishonored by ‘non-acceptance’ and ‘non-payment’ under the provisions of Negotiable Instrument Act, 1881?

When can a bill of exchange be dishonored by ‘non-acceptance’ and ‘non-payment’ under the provisions of Negotiable Instrument Act, 1881?

Explain the meaning of ‘acceptance for honour’ under the Negotiable Instrument Act, 1881.

Explain the meaning of ‘payment for honour’ under the Negotiable Instrument Act, 1881.

When notice of dishonor is unnecessary?

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