Central · Act 26 of 1881

Section 48 — Negotiation by indorsement.

The Negotiable Instruments Act, 1881

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STATUTORY TEXT
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Subject to the provisions of section 58, a promissory note, bill of exchange or cheque 1[payable to order], is negotiable by the holder by indorsement and delivery thereof

Source footnotes

1. Subs. by Act 8 of 1919, s. 4, for payable to the order of a specified person, or to a specified person or order.

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India Code, Government of India. Text fetched 09 Oct 2026. Source metadata reports last modification: 2018-04-16. Check the linked official text and subsequent notifications when applying a provision.

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