Delivery up of instrument on payment, or indemnity in

case of loss

CHAPTER VII.

OF DISCHARGE FROM LIABILITY ON NOTES,

BILLS AND CHEQUES.

Discharge from liability-.

(a) by cancellation;

(b) by release;

(c) by payment.

Discharge by allowing drawee more than twenty-four hours

Acceptor or indorser bound notwithstanding previous

alteration

Payment of instrument on which alteration is not apparent.

Extinguishment of rights of action on bill in acceptor's

hands.

83

84

85

126

86

128

87

87

Protest of foreign bills

Notice of protest

Protest for non-payment after dishonor by non-acceptance.

CHAPTER X.

OF REASONABLE TIME.

Reasonable time.

Reasonable time of giving notice of dishonor

Reasonable time for transmitting such notice

CHAPTER XI.

OF ACCEPTANCE AND PAYMENT FOR HONOR AND

REFERENCE IN CASE OF Need.

Acceptance for honor

How acceptance for honor must be made

Acceptance not specifying for whose honor it is made

Liability of acceptor for honor.

When acceptor for honor may be charged

SPECIAL RULES OF EVIDENCE-(contd.)

(e) as to order of indorsements;

(f) as to stamp ;

(g) that holder is a holder in due course.

Presumption on proof of protest

Estoppel against denying original validity of instrument.

Estoppel against denying capacity of payee to indorse

Estoppel against denying signature or capacity of prior

party

CHAPTER XIV.

· Cheque crossed specially more than once not to be paid..

Payment in due course of crossed cheque.

Law governing liability of maker, acceptor or indorser of

foreign instrument.

Instrument made, &c., out of British India, but in accord-

ance with its law

Presumption as to foreign law

SCHEDULE

Comparative Statement showing the corresponding Sections of the Indian Act (XXVI of 1881), and the English