Home Acts & Rules Indian Laws Economic Laws - Acts Negotiable Instruments Act, 1881 Chapters List Chapter VIII Of Notice of Dishonour This
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Section 98 - When notice of dishonour is unnecessary - Negotiable Instruments Act, 1881Extract When notice of dishonour is unnecessary. 98. No notice of dishonour is necessary — ( a ) when it is dispensed with by the party entitled there to; ( b ) in order to charge the drawer, when he has countermand ed payment; ( c ) when the party charged could not suffer damage for want of notice; ( d ) when the party entitled to notice cannot after due search be found; or the party bound to give notice is, for any other reason, unable without any fault of his own to give it; ( e ) to charge the drawers, when the acceptor is also a drawer; ( f ) in the case of a promissory note which is not negotia ble; ( g ) when the party entitled to notice, knowing the facts, promises unconditionally to pay the amount due on the instrument.
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