Bare ActsThe Negotiable Instruments Act, 1881

Section 57

Legal representative cannot by delivery only negotiate instrument indorsed by deceased.

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

The legal representative of a deceased person cannot negotiate by delivery only a promissory note, bill of exchange or cheque payable to order and indorsed by the deceased but not delivered.

Amended up to 2019-11-02View on India Code →
Section 57 – The Negotiable Instruments Act, 1881 | DailyLaw.ai