NIA Section 29

Negotiable Instruments Act

US
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NIAChapter III

S. 29

Liability of legal representative signing

Description

A legal representative of a deceased person who signs his name to a promissory note., bill of exchange or cheque is liable personally thereon unless he expressly limits his liability to the extent of the assets received by him as such.

By Raman Devgan
Updated: 31 Oct 2022
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