Negotiable Instruments Act : Presentment for payment of promissory note payable by instalments. Indian

Negotiable Instruments Act,1881

Act No : 26

Section : Presentment for payment of promissory note payable by instalments.

67.Presentment for payment of promissory note payable by instalments. 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.