Act Number: 1

Act Name: The Major Port Authorities Act, 2021

Year: 2021

Enactment Date: 2021-02-17

Long Title: An Act to provide for regulation, operation and planning of Major Ports in India and to vest the administration, control and management of such ports upon the Boards of Major Port Authorities and for matters connected therewith or incidental thereto

Ministry: Ministry of Ports, Shipping and Waterways

Department:

Section 34: Endorsements to be made on security itself.
    Notwithstanding anything contained in section 15 of the Negotiable Instruments Act, 1881 (26 of 1881), no endorsement of a port security, which is transferable by endorsement, shall be valid unless made by the signature of the holder inscribed on the back of the security itself.
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