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The Negotiable Instruments Act, 1881

( ACT NO. XXVI OF 1881 )

Chapter III

PARTIES TO NOTES, BILLS AND CHEQUES

Minor
Where such an instrument is made, drawn or negotiated by a minor, the making, drawing or negotiation entitles the holder to receive payment of such instrument and to enforce it against any party thereto other than the minor.
 
 
 
 
Nothing herein contained shall be deemed to empower a corporation to make, indorse or accept such instruments except in cases in which, under the law for the time being in force, they are so empowered.

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