Where the lost bill of exchange is not presented within the fixed time limit, the court must pronounce its cancellation.
Following cancellation of the bill of exchange, the applicant may still assert his claim on the bill against the acceptor.
Where the lost bill of exchange is not presented within the fixed time limit, the court must pronounce its cancellation.
Following cancellation of the bill of exchange, the applicant may still assert his claim on the bill against the acceptor.
The official sources and versions published by the competent authorities remain authoritative.
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Art. 1079 1 Where the lost bill of exchange is not presented within the fixed time limit, the court must pronounce its cancellation. 2 Following cancellation of the bill of exchange, the applicant may still assert his claim on the bill against the acceptor. Division Five: Negotiable Securities / Tit