Section 25. When day of maturity is a holiday

25. When day of maturity is a holiday.— When the day on which a promissory note or bill of exchange is at maturity is a public holiday, the instrument shall be deemed to be due on the next preceding, business day. Explanation.— The expression "public holiday" includes Sundays:[1] * and any other day declared by the[2] [Central Government], by notification in the Official Gazette, to be a public holiday.