Negotiable Instruments Act, 1881
Section - 41 - Acceptor bound, although, indorsement forged
Acceptor bound, although, indorsement forged.
41. An acceptor of a bill of exchange already indorsed is not relieved from liability by reason that such indorsement is forged, if he knew or had reason to believe the indorsement to be forged when he accepted the bill.
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