Section 93 of NIA : Section 93: By And To Whom Notice Should Be Given
NIA
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Explanation using Example
Imagine John holds a cheque given by Alice, which he presents to the bank for payment. Unfortunately, the cheque is dishonoured due to insufficient funds in Alice's account. Under Section 93 of The Negotiable Instruments Act, 1881, John now has the obligation to notify all endorsers of the cheque about its dishonour to hold them liable. For instance, if Alice's friend Bob had endorsed the cheque, John should inform Bob about the dishonour. However, John is not required to notify Alice, the person who wrote the cheque, about its dishonour, as the section states that notice need not be given to the maker or the drawee.