Section 21 of Negotiable Instruments Act - "At sight" "On presentment" "After sight"
Section 21 Negotiable Instruments Act Description
In a promissory note or bill of exchange the expressions "at sight" and "on presentment" mean on demand.
The expression "After sight""after sight" means, in a promissory note, after presentment for sight, and, in a bill of exchange, after acceptance, or nothing for non-acceptance, or protest for non-acceptance.
Click here to read more from the Negotiable Instruments Act
2+ Lawyers are online