Section 94 - Mode in which notice may be given
Section 95 - Party receiving must transmit notice of dishonour : Negotiable Instruments Act 1881
Mode in which notice may be given? Should Party receiving must
transmit notice of dishonour? Mode in which notice may be given and
Party receiving must transmit notice of dishonour are defined under Section
94 and 95 of Negotiable
Instruments Act 1881
Section 94 of Negotiable Instruments Act 1881: "Mode in which
notice may be given"
Notice of dishonour may be given to a duly
authorized agent of the person to whom it is
required to be given, or, where he has died, to his
legal representative, or, where he has been declared
an insolvent, to his assignee; may be oral or
written; may, if written, be sent by post; and may
be in any form; but it must inform the party to whom
it is given, either in express terms or by
reasonable intendment, that the instrument has been
dishonoured, and in what way, and that he will be
held liable thereon; and it must be given within a
reasonable time after dishonour, at the place of
business or (in case such party has no place of
business) at the residence of the party for whom it
If the notice is duly directed and sent by post and
miscarries, such miscarriage does not render the notice invalid.
Section 95 of Negotiable Instruments Act 1881:
"Party receiving must transmit notice of dishonour"
Any party receiving notice of dishonour must, in order to
render any prior party liable to himself, give notice of
dishonour to such party within a reasonable time, unless such
party otherwise receives due notice as provided by section 93.