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Section 70

Suit on lost bill

of Bills of Exchange Act 1949

ActIn forceProvision 70 of 107
Section 70

In any suit or proceeding upon a bill, the court or a judge may order that the loss of the instrument shall not be set up, provided an indemnity be given to the satisfaction of the court or judge against the claims of any other person upon the instrument in question.

Bills of Exchange 45

Bill in a Set

Read in full context — Bills of Exchange Act 1949 →