Negotiable Instruments Act, 1881
Section - 67 - Presentment for payment of promissory note payable by instalments
Presentment for payment of promissory note payable by instalments.
67. 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.
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