Under Section 97 of Negotiable Instruments Act when the party to whom notice of dishonor is dispatched is dead, but the party dispatching the notice is ignorant of his death, then
Under Section 97 of Negotiable Instruments Act when the party to whom notice of dishonor is dispatched is dead, but the party dispatching the notice is ignorant of his death, then
.
Option A: the Notice is insufficient
Option B: the Notice is sufficient
Option C: Notice shall be given to legal representative
Option D: None of these
Correct Answer
Option: b
Explanation
When party to whom notice given is dead.—when the party to whom notice of dishonour is dispatched is dead, but the party dispatching the notice is ignorant of his death, the notice is sufficient.
Sample Mock Tests for Practice
THE TRANSFER OF PROPERTY ACT, 1882 (PAPER 04 Q.NO. 121 TO 160)