Question
Radha deposits a cheque crossed generally, drawn on another bank, into her account with PQR Bank, which presents it for collection. The cheque turns out to have been obtained from the true owner by fraud, but PQR Bank acted in good faith and without negligence in taking it for collection and receiving payment. Under the Negotiable Instruments Act, 1881, PQR Bank is protected against liability to the true owner under which section?
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