TypeBare Act JurisdictionCentral Government Enacted1881

Negotiable Instruments Act, 1881 Section 61

Presentment for acceptance.—A bill of exchange payable after sight must, if no time or place is specified therein for

Section Text

If the drawee cannot, after reasonable search, be found, the bill is dishonoured. If the bill is directed to the drawee at a particular place, it must be presented at that place; and if at the due date for presentment he cannot, after reasonable search, be found there, the till is dishonoured. 1 [Where authorized by agreement or usage, a presentment through the post office by means of a registered letter is sufficient.]