Question
Under Section 99, when a promissory note or bill is
dishonoured, the holder may cause the dishonour to be 'noted' by a:Solution
Section 99 provides that when a promissory note or bill of exchange has been dishonoured by non-acceptance or non-payment, the holder may cause such dishonour to be noted by a notary public upon the instrument or upon a paper attached thereto. The note must be made within a reasonable time and specify the date of dishonour, the reason assigned, and the notary's charges. 'Protest' under Section 100 is a formal certificate by the notary public.
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