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Home › Bare Acts › Negotiable Instruments Act, 1881 › Section 55

Chapter IV — Of Negotiation

Section 55 — Conversion of indorsement in blank into indorsement in full

Negotiable Instruments Act, 1881 · Free to read

If a negotiable instrument, after having been indorsed in blank, is indorsed in full, the amount of it cannot be claimed from the indorser in full, except by the person to whom it has been indorsed in full, or by one who derives title through such person.

← Section 54: Instrument indorsed in blankSection 56: Indorsement for part of sum due →