hie...m not able to understand a topic so someone plz help me with it.....
The cases where notice of dishonour is not required....
1.when the notice of dishonour have been dispensed with by a party.
2. where the drawer of the cheque has countermanded payment,notice to the drawer is not required..
i am not able to understand the meaning of these 2 lines...someone plz explain with examples in simple language..
regards,
sneha