Section 49
Conversion of indorsement in blank into indorsement in full.
The Negotiable Instruments Act, 1881
About this Act
An Act to define and amend the law relating to Promissory Notes, Bills of Exchange and Cheques.
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.