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.
Section 90: Extinguishment of rights of action on bill in acceptor's hands.
The Negotiable Instruments Act, 1881Central Act · Act 26 of 1881
Where this provision sits
| Act | The Negotiable Instruments Act, 1881 |
|---|---|
| Section | 90 |
| Marginal note | Extinguishment of rights of action on bill in acceptor's hands. |
| Jurisdiction | Central |
| Status | In force as published by the source |
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