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Section 85 – The Negotiable Instruments Act, 1881

The Negotiable Instruments Act, 1881

 

85. Cheque payable to order

 

1[(1)] Where a cheque payable to order purports to be endorsed by or on behalf of he payee, the drawee is discharged by payment in sue course.

 

2[(2) Where a cheque is originally expressed to be payable to be payable to bearer, the drawee is discharged by payment in due course to the bearer thereof, notwithstanding any endorsement whether in full or in blank appearing thereon, and notwithstanding that any such endorsement purports to restrict of exclude further negotiation.]

 

1. Section 85 re-numbered as sub-section. (1) thereof by Act 17 of 1934, sec. 2.

2. Inserted by Act 17 of 1934, sec. 2.

 

 

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The Negotiable Instruments Act, 1881

 

Indian Laws – Bare Acts

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