Mera Samvidhaan All of Negotiable Instruments Act, 1881

Chapter V · Of Presentment

63Drawee’s time for deliberation.

Section 63 · Chapter V · page 17 of the Act

The holder must, if so required by the drawee of a bill of exchange presented to him for acceptance, allow the drawee 2[forty-eight] hours (exclusive of public holidays) to consider whether he will accept it.

2 Subs. by Act 12 of 1921, s. 2, for “twenty-four”.

Section 63 of The Negotiable Instruments Act, 1881 is reproduced in full above, as printed by India Code, with its footnotes and amendment markers. Read the whole Act, or browse every Act on Mera Samvidhaan.