KG2PG

Q1: 1. What is the maximum time limit for allowing the drawee to accept a bill under Section 83 of the Negotiable Instruments Act 1881?

Q2: 2. If a drawee is allowed more than 48 hours to accept a bill, what is the consequence under Section 83 of the NI Act 1881?

Q3: 3. In real life, if a drawee is given 50 hours to accept a bill, what is the legal implication?

Q4: 4. Under Section 83 of the NI Act 1881, what happens if the drawee accepts the bill after 48 hours?

Q5: 5. If a drawee is given 60 hours to accept a bill, what is the legal consequence as per Section 83?

Q6: 6. What is the purpose of the time limit set in Section 83 of the NI Act 1881 for allowing the drawee to accept a bill?

Q7: 7. If a drawee is given 72 hours to accept a bill, what legal action can the drawer take?

Q8: 8. What happens if the drawee accepts the bill after the prescribed time limit in Section 83 of the NI Act 1881?

Q9: 9. In a scenario where the drawee takes 50 hours to accept a bill, who bears the consequences as per Section 83?

Q10: 10. If a drawee is granted 60 hours to accept a bill, what is the impact on the negotiability of the instrument?

Q11: 11. What action can the holder take if the drawee exceeds the 48-hour acceptance period under Section 83 of the NI Act 1881?

Q12: 12. If a drawee is allowed 70 hours to accept a bill, what legal protection does this provide to the drawee?

Q13: 13. What happens if the drawee accepts the bill after 48 hours without any valid reason under Section 83?

Q14: 14. In a case where the drawee is given 55 hours to accept a bill, what impact does this have on the validity of the instrument?

Q15: 15. If a drawee is granted 65 hours to accept a bill, what rights does the drawer lose under Section 83?

Q16: 16. What legal action can the holder take if the drawee accepts the bill after the allowed period under Section 83?

Q17: 17. If a drawee is given 75 hours to accept a bill, what impact does this have on the enforceability of the instrument?

Q18: 18. What is the primary purpose of setting a time limit for accepting a bill under Section 83 of the NI Act 1881?

Q19: 19. If a drawee accepts a bill after 48 hours due to a valid reason, what is the legal outcome under Section 83?

Q20: 20. In a scenario where the drawee exceeds the 48-hour acceptance period without justification, who is affected according to Section 83?

Q21: 21. If a drawee is granted 55 hours to accept a bill, what legal consequences does this have for the drawer?

Q22: 22. What happens if the drawee fails to accept a bill within the specified time limit under Section 83?

Q23: 23. If a drawee is allowed 70 hours to accept a bill, what impact does this have on the negotiability of the instrument?

Q24: 24. What legal recourse does the holder have if the drawee fails to accept a bill within the prescribed time limit under Section 83?

Q25: 25. In a situation where the drawee takes 65 hours to accept a bill, what rights does the holder lose under Section 83?