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Companies Law - Highlights / Catch Notes

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Calculation of Period of one month in Negotiable Instrument Act ...


Calculating One Month Under Negotiable Instruments Act: Exclude Start Day, Include Last Day for Clarity.

September 9, 2013

Case Laws     Companies Law     SC

Calculation of Period of one month in Negotiable Instrument Act - Expressions such as ‘from such a day’ or ‘until such a day’ are equivocal, since they do not make it clear whether the inclusion or the exclusion of the day named may be intended - As a general rule, however, the effect of defining a period in such a manner was to exclude the first day and to include the last day. - SC

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