NI Act Section 87: Effect of material alteration
Negotiable Instruments Act, 1881 · Chapter 7: Of discharge from liability on notes, bills and cheques
Also available in: हिंदी
¶Any material alteration of a negotiable instrument renders the same void as against anyone who is a party thereto at the time of making such alteration and does not consent thereto, unless it was made in order to carry out the common intention of the original parties;
¶Alteration by indorsee.-- And any such alteration, if made by an indorsee, discharges his indorser from all liability to him in respect of the consideration thereof.
¶The provisions of this section are subject to those of sections 20, 49, 86 and 125.
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 The historical schedule and section 2 are repealed.Read the original schedule and amendment notes
This text is for reference, not legal advice. Consult the official source for the authoritative text.
Other sections in this chapter
- 82. Discharge from liability
- 83. Discharge by allowing drawee more than forty-eight hours to accept
- 84. When cheque not duly presented and drawer damaged thereby
- 85. Cheque payable to order
- 85A. Drafts drawn by one branch of a bank on another payable to order
- 86. Parties not consenting discharged by qualified or limited acceptance
- 88. Acceptor or indorser bound notwithstanding previous alteration
- 89. Payment of instrument on which alteration is not apparent
- 90. Extinguishment of rights of action on bill in acceptor's hands