Section 98

When notice of dishonour is unnecessary.

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
    No notice of dishonour is necessary--
     (a) when it is dispensed with by the party entitled thereto;
     (b) in order to charge the drawer, when he has countermanded payment;
     (c) when the party charged could not suffer damage for want of notice;
     (d) when the party entitled to notice cannot after due search be found; or the party bound to give notice is, for any other reason, unable without any fault of his own to give it;
     (e) to charge the drawers, when the acceptor is also a drawer;
     (f) in the case of a promissory note which is not negotiable;
     (g) when the party entitled to notice, knowing the facts, promises unconditionally to pay the amount due on the instrument.

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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