NIA 103 — Protest for non-payment after dishonour by non-acceptance

Negotiable Instruments Act, 1881

Statutory text

All bills  of exchange  drawn
payable  at  some  other  place  than the  place  mentioned  as  the  residence  of  the  drawee,  and  which  are dishonoured  by  non-acceptance,  may,  without  further  presentment  to  the  drawee,  be  protested  for  non-
payment, in the place specified for payment, unless paid before or at maturity.

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