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The Negotiable Instruments Act, 1881

( ACT NO. XXVI OF 1881 )

Chapter II


Indorsement “in blank” and “in full” “Indorsee”
16. (1) If the indorser signs his name only, the indorsement is said to be “in blank”, and if he adds a direction to pay the amount mentioned in the instrument to, or to the order of, a specified person, the indorsement is said to be “in full”, and the person so specified is called the “indorsee” of the instrument.
(2) The provisions of this Act relating to a payee shall apply with the necessary modifications to an indorsee.

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