Negotiable Instruments Act,1881

Act No : 26

---

Section : Extinguishment of rights of action on bill in acceptor's hands.

90.Extinguishment of rights of action on bill in acceptor's hands. If a bill of exchange which has been negotiated is, at or after maturity, held by the acceptor in his own right, all rights of action thereon are extinguished.

---

Quick Links

• Recent Comments
• Recent Citations
• Bare Acts Alphabetically