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Companies Law - Highlights / Catch Notes

Home Highlights September 2013 Year 2013 This

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

Companies Law

September 9, 2013

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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