Question

When the day on which a promissory note or bill of

exchange is at maturity (after including days of grace) is a public holiday (except emergency or unforeseen holiday), the instrument shall be deemed to be due on the ______.

A Preceding business day

B Two days after the holiday

C Next following day

D Subsequent business day

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Coal India Management Trainee

Coal India MT Legal

Question

When the day on which a promissory note or bill of

Solution

Relevant for Exams:

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