| NIA | Chapter VII |
|---|---|
S. 85 A | Drafts drawn by one branch of a bank on another payable to order |
Description | |
Where any draft, that is, an order to pay money, drawn by one office of a bank upon another office of the same bank for a sum of money payable to order on demand, purports to be endorsed by or on behalf of the payee, the bank is discharged by payment in due course. | |
NIA Section 85A
Negotiable Instruments Act
