Examveda

As per the Negotiable Instruments Act, 1881, when the day on which a promissory note or bill of exchange is at maturity is a public holiday, the instrument shall be deemed tobe due on the . . . . . . . . .

A. Said public holiday

B. 5 days succeeding public holiday

C. Next succeeding business day

D. Next preceding business day

Answer: Option D


This Question Belongs to Law >> Negotiable Instruments Act

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