NI Act: Chapter 3: Of parties to notes, bills and cheques
Also available in: हिंदी
- Section 26. Capacity to make, etc., promissory notes, etc
- Section 27. Agency
- Section 28. Liability of agent signing
- Section 29. Liability of legal representative signing
- Section 30. Liability of drawer
- Section 31. Liability of drawee of cheque
- Section 32. Liability of maker of note and acceptor of bill
- Section 33. Only drawee can be acceptor except in need or for honour
- Section 34. Acceptance by several drawees not partners
- Section 35. Liability of indorser
- Section 36. Liability of prior parties to holder in due course
- Section 37. Maker, drawer and acceptor principals
- Section 38. Prior party a principal in respect of each subsequent party
- Section 39. Suretyship
- Section 40. Discharge of indorser's liability
- Section 41. Acceptor bound, although, indorsement forged
- Section 42. Acceptance of bill drawn in fictitious name
- Section 43. Negotiable instrument made, etc., without consideration
- Section 44. Partial absence or failure of money-consideration
- Section 45. Partial failure of consideration not consisting of money
- Section 45A. Holder's right to duplicate of lost bill
Official reference: India Code, Government of India — official section HTML — source review: 5 October 2026.Recorded edition / snapshot date: 2026-10-05.Banaka reference transcription of the official HTML snapshot; not an official or certified edition. Source wording and amendment brackets are retained; layout and footnote callouts are omitted. The recorded date is the review snapshot, not a separately dated consolidation. Hindi guides are original explanations. Read the source amendment notes and current judicial interpretation alongside the text. The historical schedule and section 2 are repealed.Read the original schedule and amendment notes