Negotiable Instruments Act, 1881 · Chapter X: O F R E A S O N A B L E T I M E
Section 105: Reasonable time
In plain words
What is a reasonable time for presentment, notice of dishonour and noting depends on the nature of the instrument and the usual course of dealing with similar instruments. Public holidays are excluded.
A simplified explanation, prepared with AI assistance from the official text below and checked automatically against it for numbers and cross-references. The official text is the law and prevails over this summary. Not legal advice.
Official text
In determining what is a reasonable time for presentment for acceptance or payment, for giving notice of dishonour and for noting, regard shall be had to the nature of the instrument and the usual course of dealing with respect to similar instruments; and, in calculating such time, public holidays shall be excluded.
Source: India Code (indiacode.gov.in), the consolidated text published by the Legislative Department, Government of India. Text as updated on India Code on 15 October 2026. Words in square brackets [ ] were inserted or substituted by later amending Acts, and *** marks words omitted by an amendment. The amendment footnotes are not reproduced here. Official text on India Code.
Supreme Court judgments citing the section 105
No Supreme Court judgment in our database cites this section yet.