Negotiable Instruments Act — Section 31

Liability of drawee of cheque.—The drawee of a cheque having sufficient funds of the drawer in his

31. Liability of drawee of cheque.—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.

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Judgments citing Section 31

PRADEEP KUMAR & Anr. v. POST MASTER GENERAL & Ors.Supreme Court of India · 29 Aug 2001
BANK OF MAHARASHTRA v. AUTOMOTIVE ENGINEERING CO.Supreme Court of India · 22 Feb 1974

Text reproduced from the public statutes on which the corpus is built. Verify against the official Gazette before relying on it. This is statute reference, not legal advice.