Bare ActsThe Government Securities Act, 1330 Fasli.

Section 7

Endorser of Government security not liable for amount thereof.

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

Notwithstanding anything contained in the 1 Hyderabad Negotiable Instruments Act No. V of 1318 Fasli, a person shall not, by reason only of his having endorsed a Government security, be liable in respect of the sum entered therein or any interest thereon.

Section 7 – The Government Securities Act, 1330 Fasli. | DailyLaw.ai