Negotiable Instruments Act, 1881

When day of maturity is a holiday.

25. When the day on which a promissory note or bill of exchange is at maturity is a public holiday, the instrument shall be deemed to be due on the next preceding business day.

Explanation : The expression "public holiday" includes Sundays : [***] and any other day declared by the Central Government, by notification in the Official Gazette, to be a public holiday.

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