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Daily Archives: November 30, 2021

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Tamilnadu State Bank Holidays in 2022 under section 25 of NI ACT

Bank NewsBy Surendra NaikNovember 30, 2021

Bank holidays in India are declared as public holidays under explanation to section 25 of the Negotiable Instrument Act 1881. The holiday declared under NI Act is applicable exclusively to the banks located within the administration area of specific State and Union Territory.  In other States and Union territories where it is not a holiday,…

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