Section 21 "At sight", "On presentment", "After sight". of NEGOTIABLE INSTRUMENTS ACT, 1881

"At sight", "On presentment", "After sight".

21. In a promissory note or bill of exchange the expressions "at sight" and "on presentment" mean on demand. The expression "after sight" means, in a promissory note, after presentment for sight, and, in a bill of exchange, after acceptance, or noting for non-acceptance, or protest for non-acceptance.

Analysis by Experts

No explanations yet!!! Please, Login to provide explanation for this section.

Never File Wrong GSTR-1

Check your GST numbers in bulk. Check unlimited GST numbers with very cheap packages.

Used by
Browse all sections of NEGOTIABLE INSTRUMENTS ACT, 1881
Ask Question