धारा 56

Section 56 of the Negotiable Instruments Act, 1881, deals with the concept of noting and its equivalence to protest. The section states that 'where a promissory note, bill of exchange or cheque has been dishonored, and the holder or some person authorized to receive the amount on his behalf has given to the drawer and to all parties to the instrument a notice of dishonor, then, if the notice has been given in order to charge such parties therewith, and they have failed to take notice of it, the instrument shall be deemed to be noted, and the parties shall be liable accordingly.' The section further explains that noting is equivalent to protest, and the holder can recover the amount of the instrument from the parties liable. The Bombay High Court has held that noting is a mode of protest, and it is not necessary to protest the instrument in the presence of a notary public (Bank of Baroda v. M. M. Kabra, AIR 1969 Bom 141).