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Section 85 of Negotiable Instruments Act, 1881
Section 85 of Negotiable Instruments Act, 1881 deals with Cheque payable to order.
From the Act
Where a cheque payable to order purports to be endorsed by or on behalf of the payee, the drawee is discharged by payment in due course.
(2) Where a cheque is originally expressed to be payable to bearer, the -drawee is discharged by payment in due course to the bearer thereof, notwithstanding any endorsement whether in full or in blank appearing thereon, and notwithstanding that any such endorsement purports to restrict or exclude further negotiation.
Related Cases / Recent Cases / Case Law
- Central Bank of India Ltd., Bombay v V Gopinathan Nair and Others, Kerala High Court judgement dated October 23, 1968
Other Sections from the Act
- Section 1: Short title
- Section 3: Interpretation