90.
Extinguishments of rights of action on bill in acceptors hands.-
If a bill of exchange which has been negotiated is, at or after maturity, held
by the acceptor in his own right, all rights of action thereon are extinguished.
Dishonour of Cheques Judgements CD on Negotiable Instruments Act, Section 138 - Cheque Bouncing, Cheque Dishonour - Decisions of Supreme Court of India and All High Courts - Fully Updated Click here for details