In which section of Negotiable Instruments Act, "Public holiday" is explained?
Verified Answer
A. Section 21
B. Section 22
C. Section 24
D. Section 25
Explanation:
Section 25 of the Negotiable Instruments Act, 1881, deals with 'When day of maturity is a holiday' and defines 'public holiday' for the purposes of the Act, including Sundays and other days declared by the Central Government.