VidhiSangh

Negotiable Instruments Act, 1881

Section 67: Presentment for payment of promissory note payable by instalments

Chapter V — Of Presentment

67. A promissory note payable by instalments must be presented for payment on the third day after the date fixed for payment of each instalment; and non-payment on such presentment has the same effect as non-payment of a note at maturity.

Source: official text of the Negotiable Instruments Act, 1881.