Public Holidays in the State of Himachal Pradesh during the year 2012 - Section 25 of the Negotiable Instruments Act, 1881

Negotiable Instruments (NI) Act 1881 is the Basic Law regulating Indian Banking System. The Act came into existence on 01/03/1882.

It is important to remember that State Government have to specifically declare Holidays under the Section 25 of the Negotiable Instruments Act, 1881 for Banks to be closed on that particular day.

Otherwise, the Holiday is applicable only to State Government offices.

Public Holidays in the State of Himachal Pradesh during the year 2012 - Section 25 of the Negotiable Instruments Act, 1881

Please find enclosed a copy of the Government Notification containing the list of public holidays declared under the Negotiable Instruments Act, 1881 in the State of Himachal Pradesh for the Year 2012.

It is clarified that 'public holiday' declared by Central / State Governments / Union Territory, includes 'Sundays' as indicated under the explanation to Section 25 of the Negotiable Instruments Act.

Branches of banks working on Sundays observe their weekly-off on any other day of the week as decided by the Bank and notified to members of staff and public. Therefore, all Sundays will be working days for Sunday working branches, except those Sundays declared as holidays by the Central / State Government / Union Territory for a specified festival / occasion in a particular year, under the Negotiable Instruments Act.