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Section 58: Endorsement to be made on security itself.

The Maharashtra Maritime Board Act, 1996.State Act of Maharashtra · Act 15 of 1997

Notwithstanding anything contained in section 15 of the Negotiable Instruments Act, 1881 (26 of 1881), no endorsement of a Board Security which is transferable by endorsement shall be valid unless made under the signature of the holder inscribed on the back of the security itself.

Where this provision sits

ActThe Maharashtra Maritime Board Act, 1996.
Section58
Marginal noteEndorsement to be made on security itself.
JurisdictionState of Maharashtra
StatusIn force as published by the source

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