A bill is drawn on 29^th January 2012 for 3 months. There is a public holiday on date of maturity after 3 months including the days of grace. In this case, what should be the due date of maturity of bill?

In case of any public holiday on the due date of bill to be matured including 3 days of grace period, the due date of maturity shall be the preceeding date of the normal due date. The normal due date including 3 days of grace is 02 May, 2012 in this case.  Due to public holiday on 02 May, 2012, the final due date of bill to be matured shall be 01 May, 2012.