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The Negotiable Instruments Act, 1881

( ACT NO. XXVI OF 1881 )

Chapter VII

OF DISCHARGE FROM LIABILITY ON NOTES, BILLS AND CHEQUES

(c) by payment
(c) to all parties thereto, if the instrument is payable to bearer, or has been indorsed in blank, and such maker, acceptor or indorser makes payment in due course of the amount due thereon.

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