The NEGOTIABLE INSTRUMENTS ACT, 1881

OF NOTES, BILLSAND CHEQUES

Section 21: “At sight” —“On presentment”.

Ina promissory note or bill of exchange the expressions “at sight” and “on presentment” mean on demand. The expression “After sight”—“after sight” means, in a promissory note, after presentment for sight, and, in a bill of exchange, after acceptance, or nothing for non-acceptance, or protest for non-acceptance.