When a bill of exchange, accepted payable at a specified bank, has been duly presented there for payment and dishonoured, if the banker so negligently or improperly keeps, deals with or delivers back such bill as to cause loss to the holder, he must compensate the holder for such loss.
Section 77: Liability of banker for negligently dealing with bill presented for payment.
The Negotiable Instruments Act, 1881Central Act · Act 26 of 1881
Where this provision sits
| Act | The Negotiable Instruments Act, 1881 |
|---|---|
| Section | 77 |
| Marginal note | Liability of banker for negligently dealing with bill presented for payment. |
| Jurisdiction | Central |
| Status | In force as published by the source |
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