Chhattisgarh Pre 2019

When presentment for payment is to be made under section 65 of the Act?

Verified Answer
A. Presentment for payment can be made at any reasonable time.
B. Presentment for payment must be made during the usual hours of business and, if at a bank within banking hours
C. there is no such stipulation on time for presentment.
D. None of the above

Explanation:

Section 65 of the Negotiable Instruments Act, 1881, states that presentment for payment must be made during the usual hours of business, and, if at a bank, within banking hours.