Negotiable Instruments Act, 1881
← Negotiable Instruments Act, 1881
VII · Section 85A

Drafts drawn by one branch of a bank on another payable to order

Synced on 04 Jul 2026Text as per India Code

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 on behalf of the payee, the bank is discharged by payment in due course.]

Judgments on Section 85A