Bare ActsThe Major Port Authorities Act, 2021

Section 35

Endorser of security not liable for amount thereof.

Amendment status not verified — confirm the current text below against the official source.

Notwithstanding anything contained in the Negotiable Instruments Act, 1881 (26 of 1881), a person shall not by reason only of his having endorsed any port security be liable to pay any monies due, either as principal or as interest thereunder.

Section 35 – The Major Port Authorities Act, 2021 | DailyLaw.ai