Bare ActsThe Negotiable Instruments Act, 1881

Section 122

Estoppel against denying signature or capacity of prior party.

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

No indorser of a negotiable instrument shall, in a suit thereon by a subsequent holder, be permitted to deny the signature or capacity to contract of any prior party to the instrument.

Amended up to 2019-11-02View on India Code →
Section 122 – The Negotiable Instruments Act, 1881 | DailyLaw.ai