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25/07/2024
Laws of Bangladesh

The Negotiable Instruments Act, 1881

( ACT NO. XXVI OF 1881 )

Chapter III

PARTIES TO NOTES, BILLS AND CHEQUES

Stranger signing instrument presumed to be indorser
29C. A person placing his signature upon a negotiable instrument otherwise than as maker, drawer or acceptor is presumed to be an indorser unless he clearly indicates by appropriate words his intention to be bound in some other capacity.]

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