Negotiable Instruments Act, 1881

Section - 1 - Short title

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Section - 2 - Repeal of enactments

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Section - 3 - Interpretation clause

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Section - 4 - "Promissory note

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Section - 5 - "Bill of exchange

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Section - 6 - "Cheque

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Section - 7 - "Drawer", "Drawee

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Section - 8 - "Holder

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Section - 9 - "Holder in due course

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Section - 10 - "Payment in due course

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Section - 11 - "Inland instrument

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Section - 12 - "Foreign instrument

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Section - 13 - "Negotiable instrument

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Section - 14 - Negotiation

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Section - 15 - Indorsement

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Section - 16 - Indorsement "in blank" and "in full

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Section - 17 - Ambiguous instruments

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Section - 18 - Where amount is stated differently in figures and words

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Section - 19 - Instruments payable on demand

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Section - 20 - Inchoate stamped instruments

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Section - 21 - "At sight", "On presentment", "After sight

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Section - 22 - "Maturity

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Section - 23 - Calculating maturity of bill or note payable so many months after date or sight

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Section - 24 - Calculating maturity of bill or note payable so many days after date or sight

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Section - 25 - When day of maturity is a holiday

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Section - 26 - Capacity to make, etc., the promissory notes, etc

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Section - 27 - Agency

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Section - 28 - Liability of agent signing

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Section - 29 - Liability of legal representative signing

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Section - 30 - Liability of drawer

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Section - 31 - Liability of drawee of cheque

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Section - 32 - Liability of maker of note and acceptor of bill

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Section - 33 - Only drawee can be acceptor except in need or for honour

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Section - 34 - Acceptance by several drawees not partners

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Section - 35 - Liability of indorser

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Section - 36 - Liability of prior parties to holder in due course

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Section - 37 - Maker, drawer and acceptor principals

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Section - 38 - Prior party a principal in respect of each subsequent party

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Section - 39 - Suretyship

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Section - 40 - Discharge of indorser's liability

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Section - 41 - Acceptor bound, although, indorsement forged

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Section - 42 - Acceptance of bill drawn in fictitious name

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Section - 43 - Negotiable instrument made, etc., without consideration

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Section - 44 - Partial absence or failure of money-consideration

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Section - 45 - Partial failure of consideration not consisting of money

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Section - 45A - Holder's right to duplicate of lost bill

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Section - 46 - Delivery

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Section - 47 - Negotiation by delivery

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Section - 48 - Negotiation by indorsement

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Section - 49 - Conversion of indorsement in blank into indorsement in full

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Section - 50 - Effect of indorsement

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Section - 51 - Who may negotiate

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Section - 52 - Indorser who excludes his own liability or makes it conditional

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Section - 53 - Holder deriving title from holder in due course

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Section - 54 - Instrument indorsed in blank

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Section - 55 - Conversion of indorsement in blank into indorsement in full

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Section - 56 - Indorsement for part of sum due

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Section - 57 - Legal representative cannot by delivery only negotiate instrument indorsed by deceased

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Section - 58 - Instrument obtained by unlawful means or for unlawful consideration

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Section - 59 - Instrument acquired after dishonour or when overdue

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Section - 60 - Instrument negotiable till payment or satisfaction

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Section - 61 - Presentment for acceptance

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Section - 62 - Presentment of promissory note for sight

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Section - 63 - Drawee's time for deliberation

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Section - 64 - Presentment for payment

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Section - 65 - Hours for presentment

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Section - 66 - Presentment for payment of instrument payable after date or sight

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Section - 67 - Presentment for payment of promissory note payable by instalments

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Section - 68 - Presentment for payment of instrument payable at specified place and not elsewhere

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Section - 69 - Instrument payable at specified place

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Section - 70 - Presentment where no exclusive place specified

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Section - 71 - Presentment when maker, etc., has no known place of business or residence

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Section - 72 - Presentment of cheque to charge drawer

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Section - 73 - Presentment of cheque to charge any other person

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Section - 74 - Presentment of instrument payable on demand

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Section - 75 - Presentment by or to agent, representative of deceased, or assignee of insolvent

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Section - 75A - Excuse for delay in presentment for acceptance or payment

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Section - 76 - When presentment unnecessary

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Section - 77 - Liability of banker for negligently dealing with bill presented for payment

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Section - 78 - To whom payment should be made

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Section - 79 - Interest when rate specified

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Section - 80 - Interest when no rate specified

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Section - 81 - Delivery of instrument on payment, or indemnity in case of loss

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Section - 82 - Discharge from liability

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Section - 83 - Discharge by allowing drawee more than forty-eight hours to accept

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Section - 84 - When cheque not duly presented and drawer damaged thereby

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Section - 85 - Cheque payable to order

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Section - 85A - Drafts drawn by one branch of a bank on another payable to order

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Section - 86 - Parties not consenting discharged by qualified or limited acceptance

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Section - 87 - Effect of material alteration

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Section - 88 - Acceptor or indorser bound notwithstanding previous alteration

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Section - 89 - Payment of instrument on which alteration is not apparent

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Section - 90 - Extinguishment of rights of action on bill in acceptor's hands

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Section - 91 - Dishonour by non-acceptance

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Section - 92 - Dishonour by non-payment

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Section - 93 - By and to whom notice should be given

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Section - 94 - Mode in which notice may be given

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Section - 95 - Party receiving must transmit notice of dishonour

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Section - 96 - Agent for presentment

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Section - 97 - When party to whom notice given is dead

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Section - 98 - When notice of dishonour is unnecessary

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Section - 99 - Noting

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Section - 100 - Protest

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Section - 101 - Contents of protest

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Section - 102 - Notice of protest

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Section - 103 - Protest for non-payment after dishonour by non-acceptance

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Section - 104 - Protest of foreign bills

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Section - 104A - When noting equivalent to protest

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Section - 105 - Reasonable time

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Section - 106 - Reasonable time of giving notice of dishonour

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Section - 107 - Reasonable time for transmitting such notice

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Section - 108 - Acceptance for honour

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Section - 109 - How acceptance for honour must be made

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Section - 110 - Acceptance not specifying for whose honour it is made

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Section - 111 - Liability of acceptor for honour

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Section - 112 - When acceptor for honour may be charged

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Section - 113 - Payment for honour

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Section - 114 - Right of payer for honour

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Section - 115 - Drawee in case of need

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Section - 116 - Acceptance and payment without protest

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Section - 117 - Rules as to compensation

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Section - 118 - Presumptions as to negotiable instruments

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Section - 119 - Presumption on proof of protest

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Section - 120 - Estoppel against denying original validity of instrument

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Section - 121 - Estoppel against denying capacity of payee to indorse

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Section - 122 - Estoppel against denying signature or capacity of prior party

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Section - 123 - Cheque crossed generally

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Section - 124 - Cheque crossed specially

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Section - 125 - Crossing after issue

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Section - 126 - Payment of cheque crossed generally

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Section - 127 - Payment of cheque crossed specially more than once

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Section - 128 - Payment in due course of crossed cheque

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Section - 129 - Payment of crossed cheque out of due course

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Section - 130 - Cheque bearing "not negotiable

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Section - 131 - Non-liability of banker receiving payment of cheque

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Section - 131A - Application of Chapter to drafts

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Section - 132 - Set of

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Section - 133 - Holder of first acquired part entitled to all

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Section - 134 - Law governing liability of maker, acceptor or indorser of foreign instrument

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Section - 135 - Law of place of payment governs dishonour

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Section - 136 - Instrument made, etc., out of India, but in accordance with the law of India

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Section - 137 - Presumption as to foreign law

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Section - 138 - Dishonour of cheque for insufficiency, etc., of funds in the account

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Section - 139 - Presumption in favour of holder

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Section - 140 - Defence which may not be allowed in any prosecution under section 138

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Section - 141 - Offences by companies

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Section - 142 - Cognizance of offences

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Section - 142A - Validation for transfer of pending cases

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Section - 143 - Power of Court to try cases summarily

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Section - 143A - Power to direct interim compensation

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Section - 144 - Mode of service of summons

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Section - 145 - Evidence on affidavit

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Section - 146 - Bank's slip prima facie evidence of certain facts

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Section - 147 - Offences to be compoundable

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Section - 148 - Power of Appellate Court to order payment pending appeal against conviction

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Schedule - Repealed

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