77: Liability of banker for negligently dealing with bill presented for payment
The Negotiable Instruments Act · Federal Acts · Chapter V · in_force
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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. OF PAYMENT AND INTEREST
Effective date: 1881-12-09
Related sections
76: When presentment unnecessary78: To whom payment should be made75A: Excuse for delay in presentment for acceptance or payment79: Interest or return in any other form when rate specified or not specified75: Presentment by or to agent, representative of deceased, or assignee of insolvent80: Interest when no rate specified
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