Negotiable Instruments Act, 1881
Section - 92 - Dishonour by non-payment
Dishonour by non-payment.
92. A promissory note, bill of exchange or cheque is said to be dishonoured by non-payment when the maker of the note, acceptor of the bill or drawee of the cheque makes default in payment upon being duly required to pay the same.
CAclubindia
