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The Negotiable Instruments Act, 1881

Section 55Conversion of indorsement in blank into indorsement in full

In forcePart IVOF NEGOTIATION

Part IV

OF NEGOTIATION

s. 55

55. Conversion of indorsement in blank into indorsement in full If a negotiable instrument, after having been indorsed in blank, is indorsed in full, the amount of it cannot be claimed from the indorser in full, except by the person to whom it has been indorsed in full, or by one who derives title through such person.

End of s. 55.

Read the contents: The Negotiable Instruments Act, 1881