Question

When presentment for payment is to be made under

Q: Answer-When presentment for payment is to be made under Section 65 of the Act?

As per Negotiable Instruments Act, 1881- S. 65. Hours for presentmentPresentment for payment must be made during the usual hours of business, and, if at a bankers within banking hours.

Section 65 of the Act?

A Presentment for payment can be made at any reasonable time

B Presentment for payment must be made during the usual hours of business and, if at a banker within banking hours

C There is no such stipulation on time for presentment

D None of the above.

Practice Next

More Other Laws and Acts Questions

Which of the following committee recommended Formation of Inter State Council ?
How many products are included in the Wholesale Price Index (WPI)?
____________ works as the Pension Fund Manager for PM Kisan Maan-Dhan Yojana.
Which of the following is the prime utility of UMANG App?
Consider the following Statements.

Assertion (A): When we compare the distribution of workforce in rural and urban areas, we notice that the self...
Women participation rate remains at _____ under MGNREGA in FY 2021-22?
India and Maldives, both are members of which of the following groupings?

I. SAARC

II. SCO

II. Colombo Security Conclave

IV....
Atal Pension Yojna is being administered by which of the following entity ?
The marginal rate of substitution (MRS) represents:
Consider the following statements about Pradhan Mantri Awas Yojana-Urban (PMAY-U):

I. PMAY-U is a demand-driven scheme, where beneficiaries apply...

When presentment for payment is to be made under

Solution