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The Negotiable Instruments Act, 1881

Section 78To whom payment should be made

In forcePart IVChapter VI OF PAYMENT AND INTEREST

Part IV

Chapter VI OF PAYMENT AND INTEREST

s. 78

78. To whom payment should be made Subject to the provisions of section 82, clause (c), payment of the amount due on a promissory note, bill of exchange or cheque must, in order to discharge the maker or acceptor, be made to the holder of the instrument.

End of s. 78.

Read the contents: The Negotiable Instruments Act, 1881