Law Maker

CHAPTER III PARTIES TO NOTES, BILLS AND CHEQUES

Section 31: Liability of drawee of cheque

The Negotiable Instruments Act, 1881

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.

Questions on this section

1 question in 2 of our papers cite Section 31.

Practise questions on Negotiable Instruments Act, 1881