The Negotiable Instruments Act, 1881
56. Indorsement for part of sum due.-
No writing on a negotiable instrument is valid for the purpose of negotiation of such writing purports to transfer only a part of the amount appearing to be due on the instrument; but where such amount has been partly paid a note to that effect may be indorsed on the instrument, which may then be negotiated for the balance.
The Negotiable Instruments Act, 1881
