section 90
Extinguishment of rights of action on bill in acceptor's hands.
The Negotiable Instruments Act, 1881Civil1881155 sections17 chapters
Chapter VII OF DISCHARGE FROM LIABILITY ON NOTES, BILLS AND CHEQUES
Statutory text
If a bill of exchange which has been negotiated is, at or after maturity, held by the acceptor in his own right, all rights of action thereon are extinguished.
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