Negotiable Instruments Act, 1881
Section 105, NI Act: Reasonable time
Section 105 of the Negotiable Instruments Act, 1881, in the Act's own words.
The section
105. Reasonable time.
In determining what is a reasonable time for presentment for acceptance or payment, for giving notice of dishonour and for noting, regard shall be had to the nature of the instrument and the usual course of dealing with respect to similar instruments; and, in calculating such time, public holidays shall be excluded.The text is India Code's consolidated text as loaded into Pundora's statute corpus on 1 September 2026. A section quoted in a draft checked by Pundora is checked against this text.
Sources
- India Code: Negotiable Instruments Act, 1881, section 105 (read 1 September 2026)