The Negotiable Instrument Act, 1881

The Negotiable Instrument Act 1881 Section Short title 2 Depeal of enactment 3. Interpretation clause. 4 Promissory Note 5 Bms of exchange Cheque Holder Holder in due course 10 Payment in Due course Inland Instrument 12 Foreign Instrument 13 Negotiable Instrument 5 Endorsernent Negotiation Endorsement in blank and in full endorsement Analquous Instrument where amt is stated differently in figures and words Instruments payable on demand.. Inchcate stamped Instruments ght, on presentation. After sight At sight. 22 Matusity. Calculating maturity of bill of note payable so many months after date of sighe calculating maturity of bill after date or sight от поте payable so many days 25 when the day of maturity is holiday. DC capacity to make ata, premissory note etc 37 Agency. ২৪ stability of agent signing 29 krability of regal representative signing 30 lability of drawer 31 Liability of drawre of cheque 32 33 Hability of maker of cheque and Accepter of theque Only dravce can be accepter except in need or for hond 34 Floceptance by several draweed not partners 35 lability of endorser Traneda 36 Wability of prior parties to holder in due course. 37 Μακεν, ότawer and acceptor principiες. 38 Prias pasty a principle in respect of each subsequent parti 39 Surely chip Discharge of endorseria (lablilty Acceptor bound, although endorsement forged 42 Receptance of bill drawn in ficticious name. 43 Negotiable instrument made without consideration 44 partial absence failure of moncy-consideration 45 partial forture of consideration not consisting of money 458 Holdea's right to duplicate of lost bill 46 Delivery 47 Negotiation by delivery 48 Negotiation by endorsement. 49 conversion of endorsement in blank into endorsement in fuil 50 Effect of endorsement 51 who may negotiate 52 Endorser who excludes his own liability of manes it cord 53 Halder deriving cicce from holder in due course, Instrument endorsed in Blank 55 Conversion of endorsement in blank into endorsement in fu Endorsement for part of sum due 57 Legal representative carnot by delivery only negotiate instrument endorsed by deceased. 58 Inatsument obtained by unlawful means or for unlawful consideration 59 Instrument acquired ofter dishonour or wher overdue GD Instrument negotiable till payment or satisfaction Presentmene for acceptance 62 Presentment of promissory note for sight Drawer's time for deliberation 64 Presentment for Payment 66 Honours for presensmeris 66 Presentment for Payment of Instrument payable after dase or sight Presentment for payment of padmissory note payable by instalmers GR Presentmere for Payment of instrument payable at specified place and not elsewhere 69 Iristrument payanie at specified place २० Presentment where ro exclusive place specifle d 71 Presentimene when maner ere has no known place of business or residina 12 Presentment of cheque to charge drawer 48. Presentment of cheque to charge any other person. 74 Presentment of instrument payable on demand Presentment by or to agent, representative of deceased or assignee of insolvent G tohen presentment unnecessary. 47 Liability of banker for negligently dealing with bill presented for poyment 78 To whom payment should be made 79 Interest when rate specified. 20 Interest when no tate specified 81 Delivery of Instrument on payment or indemnity in case of loss 82 Discharge from lability. 8 Discharge by allowing drawer mere than forty-eight hours to accept 84 when cheque not duly presented any drawer damaged thereby 85 cheque Payable to order 85-A Drafts drawn by one branch of bank on another payable to odo 86 Parties not conserting discharged by qualified or limited acceptoro 87 Affect of material alteration 88 Acceptor or endercer bound rotwienstanding previous alteration 89 Payment of instrument on schich alteration is not apparent 90 Exonguschmerzs of rights of action on ble in acceptor's hards Dishonour by nor-acceptance 92 Dishonour by non-payment 43 By 94 Mode in which notice may be given 95 Party receiving must transmit noves of dishonet 90 Agent for presentment 97 when party to whom noties giren is dead. 98 when notice of dishonor is unpecessary ag Nezing 100 Protest 101 contents of Protest 102 Notice of protest 108 Protest of non-payment after dishonour by non-acceptorce 104 Protest of foreign bills. 104-A when noting equivalent to protest 105 Peasonable time 106. Peasonable time of giving notice of dishonour 107 Peasonable time for transmitting such notice 108 Acceptance of honour 109 How arceptance for honour must be made lla Ficceptance not specifying for whose honor it is rode Liability of acceptor for honor 112 when acceptor for honor may be charged 113 Payment for honour Right of payer for honor 115 Drawee in case of need 116 Acceptance and Payment without protest 117 Rules as to compensation 118 Presumptions as to regolable Instruments of consideration 119 Presumption on proof of protest 120 Estoppers against ateriying original validity of instrument 101 Estoppel against denying capacity of payee to endorse 122 Estoppels against denying signature party of copocity of pien es eneque crossed generally 124 cheque crossed specially 12.45 crossing ofter isque 120 Payment of cheque cresced generally 107 Payment of Cheque crossed specially more than once 128 Payment in dice cource of crossed cheque 129 Payment of cheque crossed specially more than ance 130 cheque bearing not negotiable 131 Non- Non-liability of banker receiving payment of cheque 131-A Application of chapter to drofts 132 Set of bills 133 Holder of first acquired part entitled to all 194 law governing liability of maker, acceptor or endorser of foreign Instrument Low of place of payment governs dishonours Instrumens made ere out of India, but in accordance the law of india 136 137 Presumption ος το foreign law 138 Dishonour of cheque for insufficiency ote of funds in @ccounts 139 Presumption in favour of holder 140 Defence which may not be allowed in any prosecution uls t offences by companies 142 cognizance of offences 143 Power of court to try cases summartly.. 144 Mode of service of summons 145 Evidence on affidavit