 | Carr - Law - 2000 - 811 pages
...noting. (5) Where the acceptor of a bill becomes bankrupt or insolvent or suspends payment before it matures, the holder may cause the bill to be protested...better security against the drawer and indorsers. (6) A bill must be protested at the place where it is dishonoured: Provided that— (a) when a bill... | |
 | Indira Carr - Law - 2003 - 668 pages
...noting. (5) Where the acceptor of a bill becomes bankrupt or insolvent or suspends payment before it matures, the holder may cause the bill to be protested...better security against the drawer and indorsers. (6) A bill must be protested at the place where it is dishonoured: Provided that— (a) when a bill... | |
| |
Where the drawee has been adjudged a bankrupt or an insolvent or has made an assignment for the benefit of creditors, presentment may be made to him or to his trustee or assignee. 
