The Pocket Evidence Act: Containing Also the Contract Act, the Sepcific ...

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The Pocket Evidence Act: Containing Also the Contract Act, the Sepcific ...
India
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30. The drawer of a bill of exchange or cheque is bound, in case of dishonour by the drawee Liability of ^j. acceptor thereof, to compensate the "*^®^' holder, provided due notice of dishonour has been given to, or received by, the drawer as herein- after provided.
31. The drawee of a cheque having sufficient funds of the drawer m his hands properly appli- Liability of ^^^Yq ^^ ^^iq payment of such cheque -SiLnT * ^ ^ ^^^^ P^y ^^® cheque when duly required . * so to do, and in default of such p
...ayment, must compensate the drawer for any loss Or damage caused by such default.
32. In the absence of a contract to the contrary, the T • T.-T* f maker of a promissory note and the accept- Liability of ^^ before maturity ofabillof exchange Md acc^ntoTof ^® ^°^"^ *° P^X ^^^ amount thereof at ^^ ^ maturity according to the apparent tenor of the note or acceptance respectively^ and the acceptor of the bill of exchange at or after maturity is bound to pay the amount thereof to the holder on demand.


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