The drawee of a cheque having sufficient funds of the drawer in his hands properly applicable to the payment of such cheque must pay the cheque when duly required so to do, and , in default of such payment, must compensate the drawer for any loss or damage caused by such default.
Section 31: Liability of drawee of cheque.
The Negotiable Instruments Act, 1881Central Act · Act 26 of 1881
Where this provision sits
| Act | The Negotiable Instruments Act, 1881 |
|---|---|
| Section | 31 |
| Marginal note | Liability of drawee of cheque. |
| Jurisdiction | Central |
| Status | In force as published by the source |
| Judgments citing it | 1 |
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