NIA Section 136

Negotiable Instruments Act

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NIAChapter XVI

S. 136

Instrument made, etc., out of India, but in accordance with the law of India.

Description

If a negotiable instrument is made, drawn, accepted or indorsed outside India, but in accordance with the law of India, the circumstance that any agreement evidenced by such instrument is invalid according to the law of the country wherein it was entered into does not invalidate any subsequent acceptance or indorsement made thereon within India.

By Raman Devgan
Updated: 31 Oct 2022
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