NYAYA SIGNAL
Central · 1881 · Section 107
Section 107 — Reasonable time for transmitting such notice.
The Negotiable Instruments Act, 1881
A party receiving notice of dishonour, who seeks to enforce his right against a prior party, transmits the notice within a reasonable time if he transmits it within the same time after its receipt as he would have had to give notice if he had been the holder.