Central Act
83
Section 83. Discharge by allowing drawee more than forty-eight hours to accept.
The Negotiable Instruments Act, 1881
In forceAll India (Central Act)
83. Discharge by allowing drawee more than forty-eight hours to accept. If the holder of a bill of exchange allows the drawee more than 1[forty-eight] hours, exclusive of public holidays, to consider whether he will accept the same, all previous parties not consenting to such allowance are thereby discharge from liability to such holder.