P A R T I E S T O N O T E S, B I L L S A N D C H E Q U E S .
Section 31: Liability of drawee of cheque.
The drawee of a cheque having sufficient funds of the drawer in his hands properly applicable to the payment of such cheque must pay the cheque when duly required so to do, and , in default of such payment, must compensate the drawer for any loss or damage caused by such default.