Section 97 NI Act: When party to whom notice given is dead
Negotiable Instruments Act, 1881
Section 97 NI Act at a Glance
Section 97 NI Act states that when a notice of dishonour is dispatched to a party who has died, the notice is sufficient if the party dispatching the notice does not know of the recipient's death.
Section 97 NI Act Bare Act Text
97. When party to whom notice given is dead.
when the party to whom notice of dishonour is dispatched is dead, but the party dispatching the notice is ignorant of his death, the notice is sufficient.
Section 97 NI Act in Simple Words
Section 97 NI Act addresses the situation where a notice of dishonour is dispatched to a party who has died.
Under Section 97 NI Act, when the party to whom notice of dishonour is dispatched is dead, but the party dispatching the notice is ignorant of that party's death, the notice is sufficient.
When Section 97 NI Act Applies
- A notice of dishonour is dispatched to a party.
- The party to whom the notice is dispatched is dead.
- The party dispatching the notice is ignorant of that party's death.
Example of Section 97 NI Act
FAQs on Section 97 NI Act
What is Section 97 NI Act?▼
Section 97 NI Act sets out the rule when a notice of dishonour is dispatched to a party who is dead. If the party dispatching the notice is ignorant of the recipient's death, the notice is sufficient.
Is a notice of dishonour sent to a dead person sufficient under Section 97 NI Act?▼
Yes, if the party dispatching the notice is ignorant of the recipient's death. Under Section 97 NI Act, ignorance of the recipient's death makes the dispatched notice sufficient.
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Sources: Bare Act Text, Negotiable Instruments Act, 1881 (India Code) ·