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The Negotiable Instruments Act, 1881

Section 15Indorsement

In forceChapter II OF NOTES, BILLS AND CHEQUES

Chapter II OF NOTES, BILLS AND CHEQUES

s. 15

15. Indorsement When the maker or holder of a negotiable instrument signs the same, otherwise than as such maker, for the purpose of negotiation, on the back or face thereof or on a slip of paper annexed thereto, or so signs for the same purpose a stamped paper intended to be completed as a negotiable instrument, he is said to indorse the same, and is called the “indorser”.

End of s. 15.

Read the contents: The Negotiable Instruments Act, 1881