Form Of Protest Of Promissory Note Or Bill Of Exchange For Non-Payment When The Maker, Drawee, Or Acceptor

Form VII

Form Of Protest Of Promissory Note Or Bill Of Exchange

For Non-Payment When The Maker, Drawee,

Or Acceptor (As The Case May Be) Cannot Be Found

[Section 8]

 

This form is for protest of the promissory note or a bill of exchange in case of non payment when the maker, rawee or the acceptor is not found. It is in two parts:

 

(a) Where search was made by notary in person.

Wherein the notary appointed whose details are mentioned in the specified areas within the form, at the request of another person who too shall be speicifed in the form, conducted a search in person for the person not found, to present to or demand payment for the promisory note, but was unable to find him. This statement is then signed by the respective notary along with the place, dte and twowitnesses of the same locality.

 

(b) Where registered letter was sent to the maker, drawee or acceptor.

Wherein the registered letter is sent to the maker, draweee or acceptor, by the notary so appointed whose details are mentioned in the specified places in the form, in which he demanded the payment of the promissory note (or bill of exchange as the case may be).  This too is signed by the respective notary along with the place, dte and twowitnesses of the same locality.

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