Made over, Where the words 'made over' or the word 'assign' are used the intention of the parties has to be looked into and that is whether the parties wanted to have an endorsement of the promissory note and not an assignment. If an endorsement contains words equivalent to a direction to pay, though there may not be the actual words connoting the direction it would amount to a direction to pay within the meaning of s. 16, P.K. Murugan v. Vallabhan Kantan Styled Kunhanunni, AIR 1955 Mad 53 (56). [Negotiable Instruments Act, 1881, s. 16]
View Judgments Citing this Phrase