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Section 56: Indorsement for part of sum due.

The Negotiable Instruments Act, 1881Central Act · Act 26 of 1881

No writing on a negotiable instrument is valid for the purpose of negotiation if such writing purports to transfer only a part of the amount appearing to be due on the instrument; but where such amount has been partly paid, a note to that effect may be indorsed on the instrument, which may then be negotiated for the balance.

Where this provision sits

ActThe Negotiable Instruments Act, 1881
Section56
Marginal noteIndorsement for part of sum due.
JurisdictionCentral
StatusIn force as published by the source
Judgments citing it6

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