Negotiable Instruments Act, 1881
← Negotiable Instruments Act, 1881
IV — OF NEGOTIATION · Section 55

Conversion of indorsement in blank into indorsement in full

Synced on 04 Jul 2026Text as per India Code

If a negotiable instrument, after having been indorsed in blank, is indorsed in full, the amount of it cannot be claimed from the indorser in full, except by the person to whom it has been indorsed in full, or by one who derives title through such person.

Judgments on Section 55