Question

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What are the precautions to be taken by the Paying Banker? Explain.

Answer 1

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What are the precautions to be taken by the Paying Banker? Explain.

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• Paying banker should ensure that the cheque is regular in all respects and should take the precautions while making payment of the cheque: 1. The cheque must have been drawn properly. It is interesting to note that Negotiable Instruments Act defines a cheque but does not prescribe it's from.

Answer 2

Answer:

hey friend this is ur Answer