Mera Samvidhaan All of Negotiable Instruments Act, 1881

Chapter V · Of Presentment

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

Section 77 · Chapter V · page 19 of the Act

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

Section 77 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.