Section 36 NI Act — Liability of prior parties to holder in due course

The Negotiable Instruments Act, 1881 · Official PDF page 13

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.

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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