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[Cites 0, Cited by 0] [Section 41] [Entire Act]

British India - Subsection

Section 41(2) in Bills of Exchange Act 1882

(2)Presentment in accordance with these rules is excused, and a bill may be treated as dishonoured by non-acceptance—
(a)Where the drawee is dead or bankrupt, or is a fictitious person or a person not having capacity to contract by bill:
(b)Where, after the exercise of reasonable diligence, such presentment cannot be effected:
(c)Where, although the presentment has been irregular, acceptance has been refused on some other ground.