Section 74
Presentment of instrument payable on demand
Chapter 5: Of presentment
Subject to the provisions of section 31, a negotiable instrument payable on demand must be presented for payment within a reasonable time after it is received by the holder.
The Negotiable Instruments Act, 1881 (Act No. 26 of 1881). From the updated text on India Code, with later amendments. Being checked against the official copy; amendment notes are not shown yet.
Related sections
- 71Presentment when maker, etc., has no known place of business or residence
- 72Presentment of cheque to charge drawer
- 73Presentment of cheque to charge any other person
- 75Presentment by or to agent, representative of deceased, or assignee of insolvent
- 75AExcuse for delay in presentment for acceptance or payment
- 76When presentment unnecessary