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Section 30 – The Negotiable Instruments Act, 1881

The Negotiable Instruments Act, 1881

 

30. Liability of drawer

 

The drawer of a bill of exchange or cheque is bound in case of dishonour by the drawee or acceptor thereof, to compensate the holder, provided due notice of dishonour has been give to, or received by, the drawer as hereinafter provided.

 

 

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The Negotiable Instruments Act, 1881

 

Indian Laws – Bare Acts

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