Section 22 Negotiable Instruments Act, 1881

 

Section 22 Negotiable Instruments Act, 1881 in Hindi and English 

Section 22 Negotiable Instruments Act, 1881 :The maturity of a promissory note or bill of exchange is the date at which it falls due.

Days of grace - Every promissory note or bill of exchange which is not expressed to be payable on demand, at sight or on presentment is at maturity on the third day after the day on which it is expressed to be payable.

Supreme Court of India Important Judgments And Case Law Related to Section 22 of Negotiable Instruments Act, 1881 :

Kusum Ingots And Alloys Ltd vs Pennar Peterson Securities Ltd. on 23 February, 2000

Binoy Kumar Mishra vs State Of Jharkhand And Anr on 31 March, 2017

P. Mohanraj vs M/S. Shah Brothers Ispat Pvt. Ltd. on 1 March, 2021

K.K.Singhal & Ors vs Steel Strips Ltd on 9 December, 2014

परक्राम्य लिखत अधिनियम, 1881 की धारा 22 का विवरण :  -  वचन-पत्र या विनिमय-पत्र की परिपक्वता उस तारीख को होती है जिसको वह शोध्य हो जाता है ।

अनुग्रह दिवस -- हर वचन-पत्र या विनिमय-पत्र की, जिसकी माँग पर, दर्शन पर या उपस्थापन पर देय होना अभिव्यक्त नहीं है, परिपक्वता उस तारीख के तीसरे दिन होती है जिसको उसका देय होना अभिव्यक्त है ।

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