Negotiable Instruments Act : Calculating maturity of bill or note payable so many days after dateor

Negotiable Instruments Act,1881

Act No : 26

Section : Calculating maturity of bill or note payable so many days after dateor sight.

24. Calculating maturity of bill or note payable so many days after date or sight. In calculating the date at which a promissory note or bill of exchange made payable a certain number of days after date or after sight or after a certain event is at maturity, the day of the date, or of presentment for acceptance or sight, or of protest for non-acceptance, or on which the event happens, shall be excluded.