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Negotiable Instruments Act, 1881 Complete Act

State: Central

Year: 1881

Section1 - Short title.-This Act may be called the Negotiable Instruments Act, Section2 - The words “except the State of Jammu and Kashmir”, which were subs. by Act 3 of

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Negotiable Instruments Act, 1881 Complete Act

Title: Negotiable Instruments Act, 1881

State: Central

Year: 1881

Matched in: Title Negotiable Instruments Act, 1881

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Negotiable Instruments Act, 1881 Section 118

Title: Presumptions as to negotiable instruments.—Until the contrary is proved, the following presumptions shall be made:—

State: Central

Year: 1881

Matched in: Title Presumptions as to negotiable instruments.—Until the contrary is proved, the following presumptions shall be made:—

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Negotiable Instruments Act, 1881 Section 118

Title: Presumptions as to negotiable instruments.—Until the contrary is proved, the following presumptions shall be made:—

State: Central

Year: 1881

Matched in: Title Presumptions as to negotiable instruments.—Until the contrary is proved, the following presumptions shall be made:—

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Negotiable Instruments Act, 1881 Section 47

Title: Negotiation by delivery.—Subject to the provisions of section 58, a promissory note, bill of exchange or cheque payable

State: Central

Year: 1881

cheque delivered on condition that it is not to take effect except in a certain event is not negotiable (except in the hands of a holder for value without notice of the condition) unless such event happens. … value without notice of the condition) unless such event happens. Illustrations (a) A, the holder of a negotiable instrument payable to bearer, delivers it to B's agent to keep for B. The instrument has been negotiated. (b) … is at the time the banker of B, directs the banker to transfer the instrument to B's credit in the banker's account with B. The

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Negotiable Instruments Act, 1881 Section 47

Title: Negotiation by delivery.—Subject to the provisions of section 58, a promissory note, bill of exchange or cheque payable

State: Central

Year: 1881

cheque delivered on condition that it is not to take effect except in a certain event is not negotiable (except in the hands of a holder for value without notice of the condition) unless such event happens. … value without notice of the condition) unless such event happens. Illustrations (a) A, the holder of a negotiable instrument payable to bearer, delivers it to B's agent to keep for B. The instrument has been negotiated. (b) … is at the time the banker of B, directs the banker to transfer the instrument to B's credit in the banker's account with B. The

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Negotiable Instruments Act, 1881 Section 56

Title: Indorsement for part of sum due.—No writing on a negotiable instrument is valid for the purpose of negotiation if such

State: Central

Year: 1881

Matched in: Title Indorsement for part of sum due.—No writing on a negotiable instrument is valid for the purpose of negotiation if such

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Negotiable Instruments Act, 1881 Section 56

Title: Indorsement for part of sum due.—No writing on a negotiable instrument is valid for the purpose of negotiation if such

State: Central

Year: 1881

Matched in: Title Indorsement for part of sum due.—No writing on a negotiable instrument is valid for the purpose of negotiation if such

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Negotiable Instruments Act, 1881 Section 12

Title: Foreign instrument. —Any such instrument not so drawn, made or made payable shall be deemed to be a foreign instrument

State: Central

Year: 1881

or his order, it is nevertheless payable to him or his order at his option.] 4 [(2) A negotiable instrument may be made payable to two or more payees jointly, or it may be made payable in … 13.“Negotiable instrument”.- 3 [(1) A “negotiable instrument” means a promissory note, bill of exchange or cheque payable either to order … be payable to a particular person, and does not contain words prohibiting transfer or indicating an intention that it shall not be transferable. Explanation (ii)-A

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Negotiable Instruments Act, 1881 Section 12

Title: Foreign instrument. —Any such instrument not so drawn, made or made payable shall be deemed to be a foreign instrument

State: Central

Year: 1881

or his order, it is nevertheless payable to him or his order at his option.] 4 [(2) A negotiable instrument may be made payable to two or more payees jointly, or it may be made payable in … 13.“Negotiable instrument”.- 3 [(1) A “negotiable instrument” means a promissory note, bill of exchange or cheque payable either to order … be payable to a particular person, and does not contain words prohibiting transfer or indicating an intention that it shall not be transferable. Explanation (ii)-A

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