Negotiable Instruments Act, 1881 — section 21

21. “At sight”. “On presentment.” “After sight”. 4* * * The expression “after sight” means, in a promissory note, after presentment for sight, and, in a bill of exchange, after acceptance, or noting for non-acceptance, or protest for non-acceptance. 5[21A. When note or bill payable on demand is overdue. A promissory note or bill of exchange payable on demand shall be deemed to be overdue when it appears on the face of it to have been in circulation for an unreasonable length of time. 1 Proviso added by the Negotiable Instruments (Amdt.) Ordinance, 1962 (49 of 1962), s. 9. 2 Subs. ibid., s. 10, for the original section. 3 Subs. ibid., s.11, for the original section, as amended by A.O., 1949, Arts. 3(2) and 4 and the Negotiable Instruments (Amdt.) Act, 1957 (5 of 1958), s.4 (with effect from the 14th October, 1955). 4 The words “In a promissory note or bill of exchange the expression ‘at sight’ and ‘on presentment’ mean on demand” , omitted by the Negotiable Instruments (Amdt.) Ordinance, 1962 (49 of 1962), s. 12. 5 Ss. 21A, 21B and 21 C, ins. ibid., s. 13.