NIA Section 31

Negotiable Instruments Act

US
  • Home
  • Prev
  • Index
  • Next
Messages
NIAChapter III

S. 31

Liability of drawee of cheque

Description

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.

By Raman Devgan
Updated: 16 Aug 2018
  • Top
  • Prev
  • Index
  • Next
© 2021 A Lawyers Reference™
26 Users Online   |   TimeTaken 0.0306 secs
» All Sections Lists: IPC / CrPC / NIA / HMA / IEA / JJA
  •  
  •  
  •  
  •  
  •  
  •