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Legislations of Qatar 5686 legislations - 58361 Articles
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Law No. 16 of 1971 issuing the Law of Civil and Commercial Articles
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Subchapter II: Failure to pay- Claiming and Recourse of non-Acceptance and non-Payment
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Chapter Three: Ending of the Obligation Established in the Bill
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Article 411
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Law No. 16 of 1971 issuing the Law of Civil and Commercial Articles
Law Summary Record
Type:
Law
Number:
16
Date:
25/08/1971 Corresponding to 04/07/1391 Hijri
Number of Articles:
477
Status:
In force
Official Gazette :
Issue:
7
Offcial Journal Issue
Publication Date:
01/01/1971 Corresponding to 05/11/1390 Hijri
Page from:
3458
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Section Name
Article
411
Starting Date
: 01/01/1971
Holder of the PN should remind the drawer & endorser of its non acceptance or non fulfilment during 4 working days following the protesto or the submission for fulfilment or acceptance - in case it includes condition of exemption of protesto- . Each of the endorsers and during 2 working days following receipt of the reminder should also inform the person who endorsed to him the PN of his receipt to said reminder giving to him also names and addresses of persons who made the previous reminders...and as such from one endorser to the next one until reaching the drawer...Whereas, appointment starts for each endorser from the date he received the reminder.
Knowing that, once one of the signatories of the PN is informed in the above procedure, his guarantor is supposed to be informed of the same appointment date. In case if one of the signatories did not show his address on the PN, or showed it ambiguously, it would be enough to remind the previous endorser. It's mandatory for any person who is supposed to remind other person to do that in any way, even by returning the PN itself. Also he has to verify that he reported the” reminder” on the decided time. Appointment is considered as duly cared about if the reminder is sent about the said appointment via a registered mail.
Rights of the person who is supposed to report the reminder shall not be abolished in case he did not do it on the time shown above, but he may (if necessary) has to compensate the damage resulted from his negligence, provided such compensation does not exceed the amount of the PN.
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