No maker of a promissory note, and no drawer of a bill of exchange or cheque, and no acceptor of a bill of exchange for the honour of the drawer shall, in a suit thereon by a holder in due course, be permitted to deny the validity of the instrument as originally made or drawn.
Section 120: Estoppel against denying original validity of instrument.
The Negotiable Instruments Act, 1881Central Act · Act 26 of 1881
Where this provision sits
| Act | The Negotiable Instruments Act, 1881 |
|---|---|
| Section | 120 |
| Marginal note | Estoppel against denying original validity of instrument. |
| Jurisdiction | Central |
| Status | In force as published by the source |
| Judgments citing it | 1 |
Judgments that turned on this provision
- APP/744/2006 of SHRI VENKATESH CHEMI-COLOUR CO. AND 5 ORS. Vs HATIM SUTERWALLA AND 2 ORS.Bombay High Court · 2005-10-19
Find the provision, not just read it
The full text above is free, and it stays free. What a free CourtMesh account adds is everything you cannot do by reading one page at a time:
- Search 49,000+ Central and State enactments by what a provision says, not by its number
- Jump from any section to every judgment that has applied it
- Search 300 million+ Indian court records alongside the statute
- Ask a research agent to find and read the case law on a provision for you
Free account. No card. About a minute to create.
Create a free accountNeed this as data, not as a page? The Negotiable Instruments Act, 1881 is one of 49,000+ enactments on CourtMesh. The Indian court cases API serves the case law that cites these provisions over JSON, with API documentation and plans and pricing. See also the judgment library.