NYAYA SIGNAL
Central · 1881 · Section 56
Section 56 — Indorsement for part of sum due.
The Negotiable Instruments Act, 1881
No writing on a negotiable instrument is valid for the purpose of negotiation if such writing purports to transfer only a part of the amount appearing to be due on the instrument; but where such amount has been partly paid, a note to that effect may be indorsed on the instrument, which may then be negotiated for the balance.