Bare ActsThe Negotiable Instruments Act, 1881

Section 78

To whom payment should be made.

Amendment status not verified — confirm the current text below against the official source.

Subject to the provisions of section 82, clause (c), payment of the amount due on a promissory note, bill of exchange or cheque must, in order to discharge the maker or acceptor, be made to the holder of the instrument.

Amended up to 2019-11-02View on India Code →
Section 78 – The Negotiable Instruments Act, 1881 | DailyLaw.ai