When will the bill mature if the date of maturity of a bill is a holiday?

Question

When will the bill mature if the date of maturity of a bill is a holiday?

Holiday itself
Other agreed day
Preceding working day
Next working day

LohaHridoy

4 views

2025-01-04 04:42

1 Answers

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AhmedNazir · Accepted Answer · 2022-09-01T13:21:41+06:00

AhmedNazir

Answer: Option 3

Preceding working day the bill will mature if the date of maturity of a bill is a holiday, where the date of maturity is a public holiday, the instrument will become due on the preceding business day.

4 views Answered 2022-09-01 13:21