Section 70
When Notice Of Dishonour Is Unnecessary
No notice of dishonour is necessary in the following conditions:-
(a) When it is dispensed with by the party entitled thereto,
(b) When the Drawer has countermanded payment,
(c) When the party has not suffered damage for want of notice,
(d) When the acceptor is also a Drawer,
(e) In the case of a Promissory Note which is not negotiable.
(f) When the party entitled to notice cannot after due search be found, or the party bound to give notice, is for any other reason,
unable without any fault of his/her own to give it,
(g) When the party entitled to notice, knowing the facts, promises unconditionally to pay the amount due on the Negotiable
Instrument.