Law Maker

CHAPTER III PARTIES TO NOTES, BILLS AND CHEQUES

Section 30: Liability of drawer

The Negotiable Instruments Act, 1881

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 given to, or received by, the drawer as hereinafter provided.

Practise questions on Negotiable Instruments Act, 1881