Category of Bare Act | Name of the Act | Year of Promulgation |
---|---|---|
Criminal Laws | Negotiable Instruments Act | 1881 |
Act Number | Enactment Date | Chapter Number |
26 | 09.12.1881 | 7 |
Chapter Title | Ministry | Department |
Of Discharge from Liablity on Notes, Bills and Cheques | Ministry of Finance | Department of Financial Services |
1[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 behalf of the payee, the bank is discharged by payment in due course.]
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1. Inserted by Act 25 of 1930, sec. 2.