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Negotiable Instruments Act, 1881

Section 107, NI Act: Reasonable time for transmitting such notice

Pundora · Published 3 October 2026

Section 107 of the Negotiable Instruments Act, 1881, in the Act's own words.

The section

107. Reasonable time for transmitting such notice.

A party receiving notice of dishonour, who seeks to enforce his right against a prior party, transmits the notice within a reasonable time if he transmits it within the same time after its receipt as he would have had to give notice if he had been the holder.

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

  1. India Code: Negotiable Instruments Act, 1881, section 107 (read 1 September 2026)

The Act's own words, from India Code. If the text here differs from the Gazette, the Gazette governs; write to contact@pundora.in and it will be corrected and dated.