NI Act: Chapter 4: Of negotiation
Also available in: हिंदी
- Section 46. Delivery
- Section 47. Negotiation by delivery
- Section 48. Negotiation by indorsement
- Section 49. Conversion of indorsement in blank into indorsement in full
- Section 50. Effect of indorsement
- Section 51. Who may negotiate
- Section 52. Indorser who excludes his own liability or makes it conditional
- Section 53. Holder deriving title from holder in due course
- Section 54. Instrument indorsed in blank
- Section 55. Conversion of indorsement in blank into indorsement in full
- Section 56. Indorsement for part of sum due
- Section 57. Legal representative cannot by delivery only negotiate instrument indorsed by deceased
- Section 58. Instrument obtained by unlawful means or for unlawful consideration
- Section 59. Instrument acquired after dishonour or when overdue
- Section 60. Instrument negotiable till payment or satisfaction
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 The historical schedule and section 2 are repealed.Read the original schedule and amendment notes