Section 78
To whom payment should be made.
The Negotiable Instruments Act, 1881
About this Act
An Act to define and amend the law relating to Promissory Notes, Bills of Exchange and Cheques.
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.