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


Notice: Trying to access array offset on value of type bool in /home/onliiuxo/public_html/wp-content/themes/betheme/functions/theme-functions.php on line 1490

Notice: Trying to access array offset on value of type bool in /home/onliiuxo/public_html/wp-content/themes/betheme/functions/theme-functions.php on line 1495

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


Notice: Trying to access array offset on value of type bool in /home/onliiuxo/public_html/wp-content/themes/betheme/functions/theme-functions.php on line 1490

Notice: Trying to access array offset on value of type bool in /home/onliiuxo/public_html/wp-content/themes/betheme/functions/theme-functions.php on line 1495

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?