Central Act

107

Section 107. Reasonable time for transmitting such notice.

The Negotiable Instruments Act, 1881

In forceAll India (Central Act)

107. Reasonable time for transmitting such notice. A party receiving notice of dishonour, who seeks to enforce his right against a prior party, transmits the notice within a reasonable time if he transmits it within the same time after its receipt as he would have had to give notice if he had been the holder.