Section 47 (1) All drawers, acceptors, endorsers or avals of a bill of exchange are jointly and severally liable to the holder.
(2) The holder has the same right even before maturity:.
The name of the person who is to pay (drawee.Nevertheless, the acceptor is bound according to the terms of his acceptance.(4) The expression "eight days" of "fifteen days" indicate not one or two weeks, but a period of eight or fifteen days.(3) He may also stipulate that presentment for acceptance shall not take place before a named date.Section 81 If it is requested that acts on a bill of exchange are to be carried out by several persons or repeatedly by a single person, a single protest shall be sufficient.Section 76 (1) An instrument in which any of the requirements mentioned in the preceding section are wanting is invalid as a promissory note except in the cases specified in the following paragraphs.Section 10, if a bill of exchange, which was incomplete when issued, has been completed otherwise than in accordance with the agreements entered into, the non-observance of such agreements may not be set up against the holder unless he has acquired the bill of exchange.Title nine Parts of a Set and Copies.The latter is bound to hand over the original instrument to the lawful holder of the copy.A statement of the date and of the place where the bill is issued;.If the bill becomes legally due on a Sunday or a public or gazette holiday, the (legally) due date is supposed to be one day earlier.(2) If the right of recourse is exercised before maturity the amount of the bill shall be subject to a discount; this discount shall be calculated according to the official rate of discount of the State bank of Czechoslovakia ruling on the date when recourse.(3) The foregoing rules shall not apply to the case in which the drawer has stipulated that payment must be made in a certain specified currency (stipulation for effective payment in foreign currency).
The present value or present worth, say, granny lovers of given sum, say, due at the end of a given period is that amount of money along with interest, would amount to at the end of given period.
(2) Where a person has been dispossessed of a bill of exchange, in any manner whatsoever, the holder who establishes his right thereto in the manner mentioned in the preceding paragraph is not bound to give up the bill unless he has acquired.
The signature of the maker.However, if it says after sight then, suppose the bill was drawn.5.2016 and accepted adult dating free site uk by the drawee.5.2016, the period of honoring the bill is 3 months.In the event of executive liquidation against the goods of the drawee, whether he has accepted or not, or in the event of a stoppage or where execution has been levied against his goods without result;.Section 83 (1) The protesting body is obliged to give up, in return for a reimbursement of expenses, the original of the protest to the holder of the bill of exchange or his authorized representative and, if requested, also its copy or its certified copy.(2).It is the interest on the face value of the bill for the remaining period.(3) If the stipulation for a limit of time for presentment is contained in an endorsement, the endorser alone can avail himself.(4) The person intervening is bound to give, within two working days, notice of this intervention to the party for whose honor he has intervened.Section 95 The question whether there has been an assignment to the holder of the debt which has given rise to the issue of the instrument is determined by the law of the place where the instrument was issued.At any time, the body must issue, in return for a reimbursement of expenses, a copy of the entry in such a book to the parties or their legal assigns and successors.
Every date women endorser must within the two working days following the day on which he receives notice, notify his endorser of the notice, notify his endorsers of the notice he has received, mentioning the names and addresses of those who have given the previous notices, and.
Also, the drawee has to write the word Accepted on the bill and sign under.