Negotiable Instruments Act, 1881
Section 31, NI Act: Liability of drawee of cheque
Section 31 of the Negotiable Instruments Act, 1881, in the Act's own words.
The section
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.The text is India Code's consolidated text as loaded into Pundora's statute corpus on 1 September 2026. A section quoted in a draft checked by Pundora is checked against this text.
Sources
- India Code: Negotiable Instruments Act, 1881, section 31 (read 1 September 2026)