Question

As per the Negotiable
Instruments Act, 1881, when the
day on which a promissory note
or bill of exchange is at maturity
is a public holiday, the .......
O
5 days succeeding public
holiday
O next succeeding business day
instrument shall be deemed to
O be due on the said public
holiday
O
next preceding business day​

Answer 1

Answer:

The Negotiable Instruments Act, 1881

THE NEGOTIABLE INSTRUMENTS ACT, 18811 THE NEGOTIABLE INSTRUMENTS ACT, 1881

1. Short title.—This Act may be called the Negotiable Instruments Act, 1881. Local extent, saving of usages relating to Hundis, etc., Commencement.—It extends1 to 2[the whole of India 3[* * *]]; but nothing herein contained affects the 4Indian Paper Currency Act, 1871 (3 of 1871), section 21, or affects any local usage relating to any instrument in an oriental language: Provided that such usages may be excluded by any words in the body of the instrument, which indicate an intention that the legal relations of the parties thereto shall be governed by this Act; and it shall come into force on the first day of March, 1882.

THE NEGOTIABLE INSTRUMENTS ACT, 1881

2.

the full importation

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