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TypeBare Act JurisdictionCentral Government

Negotiable Instruments Act, 1881 Section 43

Negotiable instrument made, etc., without consideration.—A negotiable instrument made, drawn, accepted, indorsed or

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https://sooperkanoon.com/act/461647

Bare act section · Research

About this section

Negotiable Instruments Act, 1881 Section 43 is part of Negotiable Instruments Act, 1881 - Negotiable instrument made, etc., without consideration.—A negotiable instrument made, drawn, accepted, indorsed or. Read the section text below and explore Indian court judgments that cite it.

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Section Text

Exception I.—No party for whose accommodation a negotiable instrument has been made, drawn, accepted or indorsed can, if he have paid the amount thereof, recover thereon such amount from any person who became a party to such instrument for his accommodation. Exception II.—No party to the instrument who has induced any other party to make, draw, accept, indorse or transfer the same to him for a consideration which he has failed to pay or perform in full shall recover thereon an amount exceeding the value of the consideration (if any) which he has actually paid or performed.

Frequently asked questions

What does Negotiable Instruments Act, 1881 Section 43 provide?

Section Section 43 of the Negotiable Instruments Act, 1881 (Negotiable instrument made, etc., without consideration.—A negotiable instrument made, drawn, accepted, indorsed or) is reproduced on this page as part of the Negotiable Instruments Act, 1881. Lawyers and researchers use it to read the statutory wording before checking how courts have applied this section in reported judgments.

How do I find judgments on Negotiable Instruments Act, 1881 Section 43?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Negotiable Instruments Act, 1881 Section 43. Advanced act search can narrow results by court, year, or additional act filters.

Is the section text on SooperKanoon official?

SooperKanoon hosts bare act text for research and quick reference. For filings or compliance in Central, confirm the wording against the official state gazette or authorized publication.

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