Negotiable Instruments Act : Reasonable time for transmitting such notice. Indian Bare Acts :

Negotiable Instruments Act,1881

Act No : 26

Section : Reasonable time for transmitting such notice.

107.Reasonable time for transmitting such notice. A party receiving notice of dishonour, who seeks to enforce his right against a prior party, transmits the notice within a reasonable time -if he transmits it within the same time after its receipt as he would have had to give notice if he had been the holder.