Negotiable Instruments Act, 1881
Section - 83 - Discharge by allowing drawee more than forty-eight hours to accept
Discharge by allowing drawee more than forty-eight hours to accept.
83. If the holder of a bill of exchange allows the drawee more than forty-eight hours, exclusive of public holidays, to consider whether he will accept the same, all previous parties not consenting to such allowance are thereby discharged from liability to such holder.
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