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The Negotiable Instruments Act, 1881: page 2

The Negotiable Instruments Act, 1881, India Code delivered snapshot ed3e9db7f37052a1, physical page 2. Unreviewed extraction.

Source: official India Code PDF · catalog record. Fetched 2026-10-19T23:07:34Z. SHA-256 ed3e9db7f37052a1bc1cd665500910c5e123de888bce0375585e9a766bf38501.

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SECTIONS
   16. Indorsement “in blank” and “in full”.
     “Indorsee.”
   17. Ambiguous instruments.
   18. Where amount is stated differently in figures and words.
   19. Instruments payable on demand.
   20. Inchoate stamped instruments.
   21. “At sight” —“On presentment.”
       “After sight.”
   22. “Maturity.”
        Days of grace.
   23. Calculating maturity of bill or note payable so many months after date or sight.
                                                                      e
   24. Calculating maturity of bill or note payable so many days after date or sight.
   25. When day of maturity is a holiday.
                                                               od
                                                 CHAPTER III  aC
                                                     di
                                 P ARTIES TO N OTES, B ILLS AND C HEQUES.

                                                In
   26. Capacity to make, etc., promissory notes, etc.
      Minor.
   27. Agency.
   28. Liability of agent signing.
   29. Liability of legal representative signing.
   30. Liability of drawer.
   31. Liability of drawee of cheque.
   32. Liability of maker of note and acceptor of bill.
   33. Only drawee can be acceptor except in need or for honour.
   34. Acceptance by several drawees not partners.
   35. Liability of indorser.
   36. Liability of prior parties to holder in due course.
   37. Maker, drawer and acceptor principals.
   38. Prior party a principal in respect of each subsequent party.
   39. Suretyship.
   40. Discharge of indorser’s liability.




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