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Section 49 – The Negotiable Instruments Act, 1881

The Negotiable Instruments Act, 1881

 

49. Conversion of endorsement in blank into endorsement in full.-

 

The holder of a negotiable instrument indorsed in blanks may, without signing his own name, by writing above the endorser’s signature a direction to pay to any other person as endorsee, convert the endorsement in full; and the holder does not thereby incur the responsibility of an endorser.

 

 

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The Negotiable Instruments Act, 1881

 

Indian Laws – Bare Acts

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