Section 36:
Liability of prior parties to holder in due course.
Every prior party to a negotiable instrument
is liable thereon to a holder in due course until the instrument is duly satisfied.
26/1881 - The Negotiable Instruments Act, 1881 ▶
Act Number: 26
Act Name: The Negotiable Instruments Act, 1881
Year: 1881
Enactment Date: 1881-12-09
Long Title: An Act to define and amend the law relating to Promissory Notes, Bills of Exchange and Cheques.
Ministry: Ministry of Finance
Department: Department of Financial Services