NIA Section 122

Negotiable Instruments Act

US
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NIAChapter XIII

S. 122

Estoppel against denying signature or capacity of prior party

Description

No indorser of a negotiable instrument shall, in a suit thereon by a subsequent holder, be permitted to deny the signature or capacity to contract of any prior party to the instrument.

By Raman Devgan
Updated: 31 Oct 2022
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