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[Cites 0, Cited by 45] [Entire Act]

Union of India - Section

Section 67 in The Negotiable Instruments Act, 1881

67. Presentment for payment of promissory note payable by instalments.—

A promissory note payable by instalments must be presented for payment on the third day after the date fixed for payment of each instalment; and non-payment on such presentment has the same effect as non-payment of a note at maturity.