Accountancy, asked by anshumanpanwar2764, 10 months ago

What is Noting of a bill of exchange.

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Answered by devikaalia26
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Answer:

i guess this is the answer

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Answered by letmeanswer12
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Noting of a bill of exchange

Explanation:

  • If a bill of exchange or promissory note has been dishonored by non-acceptance or non-payment, the holder may cause such dishonor to be recorded on the instrument by a notary public, or on a paper attached to it, or in part on each.
  • Such note shall be made within a reasonable period of time after dishonor and shall specify the date of dishonor, the reason, if any, for such dishonor, or, if the instrument has not been expressly dishonored, the reason the holder treats it as dishonored, and the charges of the notary.

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