Bare ActsThe Negotiable Instruments Act, 1881

Section 120

Estoppel against denying original validity of instrument.

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

No maker of a promissory note, and no drawer of a bill of exchange or cheque, and no acceptor of a bill of exchange for the honour of the drawer shall, in a suit thereon by a holder in due course, be permitted to deny the validity of the instrument as originally made or drawn.

Amended up to 2019-11-02View on India Code →
Section 120 – The Negotiable Instruments Act, 1881 | DailyLaw.ai