Negotiable Instruments Act Section 21 — “At sight”
CHAPTER II OF NOTES, BILLSAND CHEQUES
General
Summary
If a promissory note or bill of exchange says it is payable “at sight” or “on presentment,” it means the money must be paid as soon as it is shown or demanded. The phrase “after sight” has a different meaning depending on the document: for a promissory note, it means after the note is shown for sight; for a bill of exchange, it means after the bill is accepted, or after it is noted or protested for non-acceptance.
Official Text
“On presentment”.—Ina promissory note or bill of exchange the expressions “at sight” and “on presentment” mean on demand. The expression “After sight”—“after sight” means, in a promissory note, after presentment for sight, and, in a bill of exchange, after acceptance, or nothing for non-acceptance, or protest for non-acceptance.