ORDINANCE No. 9 OF 1885. 1871
Bills of Exchange.
the bill, or he may give notice to his principal. If he
give notice to his principal, he must do so within the
same time as if he were the holder, and the principal
upon receipt of such notice has himself the same time
for giving notice as ifthe agent had been an independent
holder.
(14. ) Where a party to a bill receives due notice of dishonour,
he has after the receipt of such notice the same period of
time for giving notice to antecedent parties that the
holder has after the dishonour.
( 15. ) Where a notice of dishonour is duly addressed and posted,
the sender is deemed to have given due notice of dis
honour, notwithstanding any miscarriage by the Post
Office.
50. ( 1. ) Delay in giving notice of dishonour is excused where the Excuses for
non-notice
delay is caused by circumstances beyond the control of the party giving and delay.
notice, and not imputable to his default, misconduct, or negligence.
When the cause of delay ceases to operate the notice must be given with
reasonable diligence .
( 2. ) Notice of dishonour is dispensed with
(a. ) When, after the exercise of reasonable diligence, notice as
required by this Ordinance cannot be given to or does
not reach the drawer or indorser sought to be charged ;
(b. ) By waiver express or implied . Notice of dishonour may be
waived before the time of giving notice has arrived , or
after the omission to give due notice :
(c. ) As regards the drawer in the following cases, namely, ( 1 )
where drawer and drawee are the same person, ( 2 ) where
the drawee is a fictitious person or a person not having
capacity to contract, ( 3 ) where the drawer is the person
to whom the bill is presented for payment, ( 4 ) where
the drawee or acceptor is as between himself and the
drawer under no obligation to accept or pay the bill, ( 5 )
where the drawer has countermanded payment :