Negotiable Instruments Act — Section 63

Drawee’s time for deliberation.—The holder must, if so required by the drawee of a bill of

63. Drawee’s time for deliberation.—The holder must, if so required by the drawee of a bill of exchange presented to him for acceptance, allow the drawee 2[forty-eight] hours (exclusive of public holidays) to consider whether he will accept it.

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