Negotiable Instruments Act, 1881
Negotiable Instruments Act, 1881 — section 131H
131H. Holder’s right of recourse against drawer and indorsers. Subject to the provisions of this Act, when a bill of exchange is dishonoured by non-acceptance, an immediate right of recourse against the drawer and indorsers accrues, to the holder, and no presentment for payment is necessary.
This is the text of the provision as enacted. It is legal information, not legal advice, and it cannot account for the facts of your own matter. For advice on your situation, consult a verified advocate.