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As per the Negotiable Instruments Act 1881 when the day on...

This question belongs to Law Negotiable Instruments Act
Negotiable Instruments Act
?

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 . . . . . . . . .

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Correct Answer: Option D
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Related Questions on Negotiable Instruments Act

The term 'legal representative' in section 29 of the Negotiable Instruments Act, 1881
A. Does not include executors or administrator (Rama v. Praoin, AIR 1926 Mad 389) B. Includes executors or administrator (K. Subbanna v. K. Subbarayudu, AIR 1926 Mad 390) C. Includes executors but does not include administrators (P. Nayar v. T. Ramanna, AIR 1929 Mad 389) D. Includes only administrators but does not include executors (P. K. Pati v. Damodar Sahu, AIR 1953 Ori 179)
In the case of a promissory note which is not negotiable
A. Notice of dishonour is compulsory B. No notice of dishonour is necessary C. Negotiable Instruments Act is silent on this aspect D. Indorsement is necessary
The endorsement of a negotiable instrument is followed by delivery
A. Yes B. No C. Both (A) and (B) D. None of the above
'Truncated Cheque' is dealt within which section of the Negotiable Instruments Act, 1881?
A. Section 5 B. Section 6 C. Section 7 D. Section 8
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