Central Act

90

Section 90. Extinguishment of rights of action on bill in acceptor's hands.

The Negotiable Instruments Act, 1881

In forceAll India (Central Act)

90. Extinguishment of rights of action on bill in acceptor's hands. If a bill of exchange which has been negotiated is, at or after maturity, held by the acceptor in his own right, all rights of action thereon are extinguished.