NI Act 83Chapter VII · Of Discharge from Liability on Notes, Bills and Cheques
Section 83 · Discharge by allowing drawee more than forty-eight hours to accept
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If the holder of a bill
of exchange allows the drawee more than 1[forty-eight] hours, exclusive of public holidays, to consider
whether he will accept the same, all previous parties not consenting to such allowance are thereby
discharge from liability to such holder.
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