Section 101

Contents of protest.

The Negotiable Instruments Act, 1881

  • Act 26 of 1881
  • Ministry of Finance
  • Department of Financial Services
About this Act

An Act to define and amend the law relating to Promissory Notes, Bills of Exchange and Cheques.

All sections
    A protest under section 100 must contain--
         (a) either the instrument itself, or a literal transcript of the instrument and of everything written or printed thereupon;
         (b) the name of the person for whom and against whom the instrument has been protested;
         (c) a statement that payment or acceptance, or better security, as the case may be, has been demanded of such person by the notary public; the terms of his answer, if any, or a statement that he gave no answer or that he could not be found;
         (d) when the note or bill has been dishonoured, the place and time of dishonour, and, when better security has been refused, the place and time of refusal;
         (e) the subscription of the notary public making the protest;
         (f) in the event of an acceptance for honour or of a payment for honour, the name of the person by whom, of the person for whom, and the manner in which, such acceptance or payment was offered and effected.
         1[A notary public may make the demand mentioned in clause (c) of this section either in person or by his clerk or, where authorized by agreement or usage, by registered letter.]

Notes

1. Ins. by Act 2 of 1885, s. 5.

Source: India Code (Legislative Department, Govt. of India). Check the official Gazette before relying on it in court. Not legal advice. Free legal aid: 15100 (NALSA) · Know your rights

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