Negotiable Instruments Act, 1881
← Negotiable Instruments Act, 1881
IV — OF NEGOTIATION · Section 49

Conversion of indorsement in blank into indorsement in full

Synced on 04 Jul 2026Text as per India Code

The holder of a negotiable instrument indorsed in blank may, without signing his own name, by writing above the indorser’s signature a direction to pay to any other person as indorsee, convert the indorsement in blank into an indorsement in full; and the holder does not thereby incur the responsibility of an indorser.

Judgments on Section 49