Negotiable Instruments Act, 1881
← Negotiable Instruments Act, 1881
XIII — SPECIAL RULES OF EVIDENCE · Section 120

Estoppel against denying original validity of instrument

Synced on 04 Jul 2026Text as per India Code

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the drawer shall, in a suit thereon by a holder in due course, be permitted to deny the validity of the instrument as originally made or drawn.

Judgments on Section 120