Negotiable Instruments Act — Section 98

When notice of dishonour is unnecessary.—No notice of dishonour is necessary—

98. When notice of dishonour is unnecessary.—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.

CHAPTER IX

O F N O T I NG A N D P R O T E S T

Judgments citing Section 98

Text reproduced from the public statutes on which the corpus is built. Verify against the official Gazette before relying on it. This is statute reference, not legal advice.