Chapter 3 Parties to Notes Bills and Cheques

Negotiable Instruments Act 1881

Chapter 3 Parties to Notes, Bills and Cheques

Section 26 – Capacity To Make, Etc., Promissory Notes, etc.

Section 27 – Agency

Section 28 – Liability Of Agent Signing

Section 29 – Liability Of Legal Representative Signing

Section 30 – Liability Of Drawer

Section 31 – Liability Of Drawee Of Cheque

Section 32 – Liability Of Maker Of Note And Acceptor Of Bill

Section 33 – Only Drawee Can Be Acceptor Except In Need Or For Honour

Section 34 – Acceptance By Several Drawees Not Partners

Section 35 – Liability Of Indorser

Section 36 – Liability Of Prior Parties To Holder In Due Course

Section 37 – Maker, Drawer And Acceptor Principals

Section 38 – Prior Party A Principal In Respect Of Each Subsequent Party

Section 39 – Suretyship

Section 40 – Discharge Of Indorser’s Liability

Section 41 – Acceptor Bound, Although, Indorsement Forged

Section 42 – Acceptance Of Bill Drawn In Fictitious Name

Section 43 – Negotiable Instrument Made, Etc., Without Consideration.

Section 44 – Partial Absence Or Failure Of Money Consideration

Section 45 – Partial Failure Of Consideration Not Consisting Of Money

Section 45A – Holder’s Right To Duplicate Of Lost Bill