NI Act: Chapter 3: Of parties to notes, bills and cheques

Also available in: हिंदी

  1. Section 26. Capacity to make, etc., promissory notes, etc
  2. Section 27. Agency
  3. Section 28. Liability of agent signing
  4. Section 29. Liability of legal representative signing
  5. Section 30. Liability of drawer
  6. Section 31. Liability of drawee of cheque
  7. Section 32. Liability of maker of note and acceptor of bill
  8. Section 33. Only drawee can be acceptor except in need or for honour
  9. Section 34. Acceptance by several drawees not partners
  10. Section 35. Liability of indorser
  11. Section 36. Liability of prior parties to holder in due course
  12. Section 37. Maker, drawer and acceptor principals
  13. Section 38. Prior party a principal in respect of each subsequent party
  14. Section 39. Suretyship
  15. Section 40. Discharge of indorser's liability
  16. Section 41. Acceptor bound, although, indorsement forged
  17. Section 42. Acceptance of bill drawn in fictitious name
  18. Section 43. Negotiable instrument made, etc., without consideration
  19. Section 44. Partial absence or failure of money-consideration
  20. Section 45. Partial failure of consideration not consisting of money
  21. Section 45A. Holder's right to duplicate of lost bill
NI Act: original English/Hindi guides →

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 The historical schedule and section 2 are repealed.Read the original schedule and amendment notes