Section 94 - Mode in which notice may be given

Section 95 - Party receiving must transmit notice of dishonour : Negotiable Instruments Act 1881

Mode in which notice may be given? Should Party receiving must transmit notice of dishonour? Mode in which notice may be given and Party receiving must transmit notice of dishonour are defined under Section 94 and 95 of Negotiable Instruments Act 1881

Section 94 of Negotiable Instruments Act 1881: "Mode in which notice may be given"

Notice of dishonour may be given to a duly authorized agent of the person to whom it is required to be given, or, where he has died, to his legal representative, or, where he has been declared an insolvent, to his assignee; may be oral or written; may, if written, be sent by post; and may be in any form; but it must inform the party to whom it is given, either in express terms or by reasonable intendment, that the instrument has been dishonoured, and in what way, and that he will be held liable thereon; and it must be given within a reasonable time after dishonour, at the place of business or (in case such party has no place of business) at the residence of the party for whom it is intended.

If the notice is duly directed and sent by post and miscarries, such miscarriage does not render the notice invalid.

Section 95 of Negotiable Instruments Act 1881: "Party receiving must transmit notice of dishonour"

Any party receiving notice of dishonour must, in order to render any prior party liable to himself, give notice of dishonour to such party within a reasonable time, unless such party otherwise receives due notice as provided by section 93.