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Section 14 NI Act — Negotiation

The Negotiable Instruments Act, 1881 · Official PDF page 10

Open in NyayaOfficial PDF, page 10

14. Negotiation.—When a promissory note, bill of exchange or cheque is transferred to any person, so as to constitute that person the holder thereof, the instrument is said to be negotiated.

Text extracted from the official PDF (India Code source copy; consolidation date not certified). Line breaks and footnote marks may differ; the PDF is the authority.

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