Section 85A, Negotiable Instruments Act, 1881 — [Drafts drawn by one branch of a bank on another payable to order

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Chapter VII · Of Discharge from Liability on Notes, Bills and Cheques

85A⁵[Drafts drawn by one branch of a bank on another payable to order.

Section 85A · Chapter VII · page 20 of the Act

where any draft, that is an order to pay money, drawn by one office of a bank upon another office of the same bank for a sum of money payable to order on demand, purports to be endorsed by or on behalf of the payee, the bank is discharged by payment in due course.]

⁵ Ins. by Act 25 of 1930, s. 2.

Other provisions that mention Section 85A

Section 131A

Section 85A 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.