Print View

[Section Index]

The Negotiable Instruments Act, 1881

( ACT NO. XXVI OF 1881 )

Chapter XIII


Estoppel against denying original validity of instrument
120. No maker of a promissory note, and no drawer of a bill of exchange or cheque, and no acceptor of a bill of exchange for the honour of the drawer, shall, in a suit thereon by a holder in due course, be permitted to deny the validity of the instrument as originally made or drawn.

Copyright © 2019, Legislative and Parliamentary Affairs Division
Ministry of Law, Justice and Parliamentary Affairs