The task of the Issuer to the holder refused in payment

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Uploaded: 08.02.2012
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Drawer refused in payment to the holder of the bill, citing the fact that the bill is presented for payment noteholder in time. The court refused the note holder (plaintiff) in a lawsuit in collecting principal amount, due to the fact that the holder did not apply for the protest of a bill.
Whether rights court, denying the claim?


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