law: Negotiable Instruments Act, 1881 
  83. Discharge by allowing drawee more than forty-eight
  
  hours to accept  
  If the holder of a bill of exchange allows the drawee more than
  
  19[forty eight] hours, exclusive of public holidays, to consider whether he
  
  will accept the same, all previous parties not consenting to such allowance are
  
  thereby discharged from liability to such holder.