A promissory note, bill of exchange or cheque is said to be dishonoured by non-payment when the maker of the note, acceptor of the bill or drawee of the cheque makes default in payment upon being duly required to pay the same.
Chapter VIII — OF NOTICE OF DISHONOUR
Section 92
Dishonour by non-payment.
Printed from Law on Tips • The Negotiable Instruments Act, 1881