Mera Samvidhaan All of Negotiable Instruments Act, 1881

Chapter II · Of Notes, Billsand Cheques

10“Payment in due course”.

Section 10 · Chapter II · page 10 of the Act

“Payment in due course” means payment in accordance with the apparent tenor of the instrument in good faith and without negligence to any person in possession thereof under circumstances which do not afford a reasonable ground for believing that he is not entitled to receive payment of the amount therein mentioned.

Section 10 of The Negotiable Instruments Act, 1881 is reproduced in full above, as printed by India Code, with its footnotes and amendment markers. Read the whole Act, or browse every Act on Mera Samvidhaan.