NI Act · IV — OF NEGOTIATION

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

In force · As amended up to 2026-08

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. 1. Added by Act 2 of 1885, s. 4. 2. Subs. by Act 12 of 1921, s. 2, for "twenty-four". 3. Section 64 renumbered as sub-section (1) thereof by Act 55 of 2002, s. 3 (w.e.f. 6-2-2003). 4. Ins. by s. 3, ibid , (w.e.f. 6-2-2003).

Source: India Code