Excuses for non-notice and delay

(1) Delay in giving notice of dishonour is excused where the delay is caused by circumstances beyond the control of the notice and delay. 36 party giving notice, and not imputable to his default, misconduct or negligence. (2) When the cause of delay ceases to operate, the notice must be given with reasonable diligence. (3) Notice of dishonour is dispensed with, (a) where, after the exercise of reasonable diligence, notice as required by this Act cannot be given to or does not reach the drawer or endorser sought to be charged; (b) by waiver, express or implied; (c) as regards the drawer in the following cases, (i) where the drawer and drawee are the (ii) where the drawee is a fictitious person or a person not having capacity to contract; (iii) where the drawer is the person to whom the bill is presented for (iv) where the drawee or acceptor is as between himself and the drawer under no obligation to accept or pay the bill; (v) where the drawer has countermanded (d) as regards the endorser in the following cases, 37 (i) where the drawee is a fictitious person or a person not having capacity to contract and the endorser was aware of the fact at the time he indorsed the bill; (ii) where the endorser is the person to whom the bill is presented for (iii) where the bill was accepted or made for his accommodation. (4) Notice of dishonour may be waived before the time of giving notice has arrived, or after the omission to give due