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Indian Law - Bare Acts India
Banking Law -
THE NEGOTIABLE INSTRUMENTS ACT, 1881


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77. Liability of bankers for negligently dealing with bill presented for payment
 

When a bill of exchange accepted payable at a specified bank, has duly presented there for payment and dishonour, if the bankers so negligently or impropriety keeps, deals with or delivers back such bill as to cause loss to the holder, he must compensate the holder for such loss.

 

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