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[Cites 0, Cited by 0] [Section 57] [Entire Act]

British India - Subsection

Section 57(1) in Bills of Exchange Act 1882

(1)The holder may recover from any party liable on the bill, and the drawer who has been compelled to pay the bill may recover from the acceptor, and an indorser who has been compelled to pay the bill may recover from the acceptor or from the drawer, or from a prior indorser—
(a)The amount of the bill:
(b)Interest thereon from the time of presentment for payment if the bill is payable on demand, and from the maturity of the bill in any other case:
(c)The expenses of noting, or, when protest is necessary, and the protest has been extended, the expenses of protest.