Question:
At sight under Section 21 of the Negotiable Instruments Act, 1881 means:
At sight under Section 21 of the Negotiable Instruments Act, 1881 means:
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“At sight” in negotiable instruments means payable immediately when presented.
Updated On: Nov 4, 2025
- On presentation
- On demand
- On coming into vision
- None of the above
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The Correct Option is A
Solution and Explanation
Step 1: Meaning of “at sight.”
Section 21 of the Negotiable Instruments Act defines “at sight” to mean “on presentation.”
Step 2: Practical application.
For bills of exchange and promissory notes payable at sight, payment must be made immediately upon presentation.
Step 3: Conclusion.
Thus, the correct answer is (a).
Section 21 of the Negotiable Instruments Act defines “at sight” to mean “on presentation.”
Step 2: Practical application.
For bills of exchange and promissory notes payable at sight, payment must be made immediately upon presentation.
Step 3: Conclusion.
Thus, the correct answer is (a).
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