BILLS OF EXCHANGE ACT 1949 (REVISED

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1 PART I PRELIMINARY-1. Short title.

2 PART I PRELIMINARY-2. Interpretation.

3 PART II BILLS OF EXCHANGE Form and Interpretation-3. Bill of exchange defined.

4 PART II BILLS OF EXCHANGE Form and Interpretation-4. Inland and foreign bills.

5 PART II BILLS OF EXCHANGE Form and Interpretation-5. Effect where different parties to bill are the same person.

6 PART II BILLS OF EXCHANGE Form and Interpretation-6. Address to drawee.

7 PART II BILLS OF EXCHANGE Form and Interpretation-7. Certainty required as to payee.

8 PART II BILLS OF EXCHANGE Form and Interpretation-8. What bills are negotiable.

9 PART II BILLS OF EXCHANGE Form and Interpretation-9. Sum payable.

10 PART II BILLS OF EXCHANGE Form and Interpretation-10. Bill payable on demand.

11 PART II BILLS OF EXCHANGE Form and Interpretation-11. Bill payable at a future time.

12 PART II BILLS OF EXCHANGE Form and Interpretation-12. Omission of date in bill payable after date or acceptance after sight.

13 PART II BILLS OF EXCHANGE Form and Interpretation-13. Ante-dating and post-dating.

14 PART II BILLS OF EXCHANGE Form and Interpretation-14. Computation of time of payment.

15 PART II BILLS OF EXCHANGE Form and Interpretation-15. Case of need.

16 PART II BILLS OF EXCHANGE Form and Interpretation-16. Optional stipulations by drawer or indorser.

17 PART II BILLS OF EXCHANGE Form and Interpretation-17. DEFINITION and requisites of acceptance.

18 PART II BILLS OF EXCHANGE Form and Interpretation-18. Time for acceptance.

19 PART II BILLS OF EXCHANGE Form and Interpretation-19. General and qualified acceptances.

20 PART II BILLS OF EXCHANGE Form and Interpretation-20. Inchoate instruments.

21 PART II BILLS OF EXCHANGE Form and Interpretation-21. Delivery.

22 Capacity and Authority of Parties-22. Capacity of parties.

23 Capacity and Authority of Parties-23. Signature essential to liability.

24 Capacity and Authority of Parties-24. Forged or unauthorized signature.

25 Capacity and Authority of Parties-25. Procuration signatures.

26 Capacity and Authority of Parties-26. Person signing as agent or in representative capacity.

27 The Consideration for A Bill-27. Value and holder for value.

28 The Consideration for A Bill-28. Accommodation bill or party.

29 The Consideration for A Bill-29. Holder in due course.

30 The Consideration for A Bill-30. Presumption of value and good faith.

31 Negotiation of Bills-31. Negotiation of bill.

32 Negotiation of Bills-32. Requisites of a valid indorsement.

33 Negotiation of Bills-33. Conditional indorsement.

34 Negotiation of Bills-34. Indorsement in blank and special indorsement.

35 Negotiation of Bills-35. Restrictive indorsement.

36 Negotiation of Bills-36. Negotiation of overdue or dishonoured bill.

37 Negotiation of Bills-37. Negotiation of bill to party already liable thereon.

38 Negotiation of Bills-38. Rights of the holder.

39 General Duties of The Holder-39. When presentment for acceptance is necessary.

40 General Duties of The Holder-40. Time for presenting bill payable after sight.

41 General Duties of The Holder-41. Rules as to presentment for acceptance and excuses for nonpresentment.

42 General Duties of The Holder-42. Non-acceptance.

43 General Duties of The Holder-43. Dishonour by non-acceptance and its consequences.

44 General Duties of The Holder-44. Duties as to qualified acceptances.

45 General Duties of The Holder-45. Rules as to presentment for payment.

46 General Duties of The Holder-46. Excuses for delay or non-presentment for payment.

47 General Duties of The Holder-47. Dishonour by non-payment.

48 General Duties of The Holder-48. Notice of dishonour and effect of non-notice.

49 General Duties of The Holder-49. Rules as to notice of dishonour.

50 General Duties of The Holder-50. Excuses for delay in giving notice of dishonour.

51 General Duties of The Holder-51. Noting or protest of bill.

52 General Duties of The Holder-52. Duties of holder as regards drawee or acceptor.

53 Liabilities of Parties-53. Funds in hands of drawee.

54 Liabilities of Parties-54. Liability of acceptor.

55 Liabilities of Parties-55. Liability of drawer or indorser.

56 Liabilities of Parties-56. Stranger signing bill liable as indorser.

57 Liabilities of Parties-57. Measure of damages against parties to dishonoured bill.

58 Liabilities of Parties-58. Transferor by delivery and transferee.

59 Discharge of Bill-59. Payment in due course.

60 Discharge of Bill-60. Banker paying demand draft whereon indorsement is forged.

61 Discharge of Bill-61. Acceptor the holder at maturity.

62 Discharge of Bill-62. Express waiver or renunciation.

63 Discharge of Bill-63. Cancellation.

64 Discharge of Bill-64. Alteration of bill.

65 Acceptance and Payment for Honour-65. Acceptance for honour supra protest.

66 Acceptance and Payment for Honour-66. Liability of acceptor for honour.

67 Acceptance and Payment for Honour-67. Presentment to acceptor for honour.

68 Acceptance and Payment for Honour-68. Payment for honour supra protest.

69 Lost Instruments-69. Holder's right to duplicate of lost bill.

70 Lost Instruments-70. Suit on lost bill.

71 Bill in A Set-71. Rules as to sets.

72 Conflict of Laws-72. Rules where laws conflict.

73 PART III CHEQUES ON A BANKER-73. Cheque defined.

73A PART III CHEQUES ON A BANKER-73A. Knowingly or negligently facilitating forgery.

74 PART III CHEQUES ON A BANKER-74. Presentment of cheque for payment.

74A PART III CHEQUES ON A BANKER-74A. Presentment of cheque through electronic means.

74B PART III CHEQUES ON A BANKER-74B. Image return document.

74C PART III CHEQUES ON A BANKER-74C. Regulations relating to cheque truncation.

75 PART III CHEQUES ON A BANKER-75. Revocation of banker's authority.

76 CROSSED CHEQUES-76. General and special crossings defined.