Central · Act 26 of 1881

Section 63 — Drawee's time for deliberation.

The Negotiable Instruments Act, 1881

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The holder must, if so required by the drawee of a bill of exchange presented to him for acceptance, allow the drawee 1[forty-eight] hours (exclusive of public holidays) to consider whether he will accept it.

Source footnotes

1. Subs. by Act 12 of 1921, s. 2, for "twenty-four".

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Next · Section 64Presentment for payment. →All sections / सभी धाराएँThe Negotiable Instruments Act, 1881 →
More sections of this actSection 1 · Short title.Section 2 · [Repealed.].Section 3 · Interpretation-clause.Section 4 · ''Promissory note''.Section 5 · ''Bill of exchange''.Section 6 · ''Cheque''.Section 7 · ''Drawer.''Section 8 · ''Holder''.
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India Code, Government of India. Text fetched 09 Oct 2026. Source metadata reports last modification: 2018-04-16. Check the linked official text and subsequent notifications when applying a provision.

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Section 63 — Drawee's time for deliberation. | The Negotiable Instruments Act, 1881 | NYAYA SIGNAL

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