NI Act · III — PARTIES TO NOTES, BILLS AND CHEQUES.

Section 30. Liability of drawer

In force · As amended up to 2026-08

30. Liability of drawer.— The drawer of a bill of exchange or cheque is bound, in case of dishonour by the drawee or acceptor thereof, to compensate the holder, provided due notice of dishonour has been given to, or received by, the drawer as hereinafter provided.

Source: India Code