can anyone plz explain me the meaning of these lines from merncantile law plz?

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can anyone plz explain me the meaning of these lines from merncantile law plz?

NOTICE OF DISHONOUR IS NOT NECESARY
1)when it is dispensed with by the party entitled thereto
2)in order to charge the drawer when he has countermanded payment
3)to charge the drawee when the acceptor is also drawer
plz help

2006-12-14 22:12:01 · 2 answers · asked by prateek 2 in Politics & Government ➔ Law & Ethics

2 answers

this is extracts from section 138 of the negotible instruments act regarding dishonour of cheques. u please mention the situation to which it relates then only someone can understand

2006-12-14 22:22:09 · answer #1 · answered by hulchul 3 · 0⤊ 0⤋

Please take it to a lawyer. More details should be provided to the lawyer, case, back ground will save you fees and time.

2006-12-15 07:10:36 · answer #2 · answered by minootoo 7 · 0⤊ 0⤋