Negotiable Instruments Act, 1881
93. By and to whom notice should be given
When a promissory note, bill of exchange or cheque is dishonored
by non-acceptance or non-payment, the holder thereof, or some party thereto who
remains liable thereon, must give notice that the instrument has been so
dishonored to all other parties whom the holder seeks to make severally liable
thereon, and to some one of several parties whom he seeks to make jointly
liable thereon.
Nothing in this section renders it necessary to give notice to
the maker of the dishonored promissory note, or the drawee or acceptor of the
dishonored bill of exchange or cheque.