Question
At sight under the negotiable instrument Act means:
Solution
As per Negotiable Instruments Act, 1881- S. 21. âAt sightâ.ââOn presentmentâ.â In a promissory note or bill of exchange the expressions âat sightâ and âon presentmentâ means on demand. Â The expression âAfter sightâââafter sightâ means, in a promissory note, after presentment for sight, and, in a bill of exchange, after acceptance, or nothing for non-acceptance, or protest for non-acceptance. Â
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