Section 85(1) of the Negotiable Instrument Act 1881 provides protection to the paying banker in respect of
A)forged endorsement
B)material alterations on the face of the cheque
C)forgery of drawer's signature
D)all of these

Question

Quizplus · Accepted Answer

Section 85(1) of the Negotiable Instruments Act, 1881, specifically provides protection to the paying banker only in cases of forged endorsement. It does not extend to material alterations or forgery of the drawer's signature.

Section 85(1) of the Negotiable Instrument Act 1881 Provides Protection