Negotiable Instruments Act (NI Act)
Master statutory directory covering all 148 sections of Negotiable Instruments Act. Live search by section number or subject matter, and click through to the complete statutory practice guide.
Master statutory directory covering all 148 sections of Negotiable Instruments Act. Live search by section number or subject matter, and click through to the complete statutory practice guide.
| Section | Statutory Provision & Subject | Guide |
|---|---|---|
| Sec 1 | Short title | Guide |
| Sec 2 | Repeal of enactments | Guide |
| Sec 3 | Interpretation clause | Guide |
| Sec 4 | Promissory note defined | Guide |
| Sec 5 | Bill of exchange defined | Guide |
| Sec 6 | Cheque defined | Guide |
| Sec 7 | Drawer, drawee | Guide |
| Sec 8 | Holder | Guide |
| Sec 9 | Holder in due course | Guide |
| Sec 10 | Payment in due course | Guide |
| Sec 11 | Inland instrument | Guide |
| Sec 12 | Foreign instrument | Guide |
| Sec 13 | Negotiable instrument | Guide |
| Sec 14 | Negotiation | Guide |
| Sec 15 | Endorsement | Guide |
| Sec 16 | Endorsement in blank and in full endorsee | Guide |
| Sec 17 | Ambiguous instruments | Guide |
| Sec 18 | Where amount is stated differently in figures and words | Guide |
| Sec 19 | Instruments payable on demand | Guide |
| Sec 20 | Inchoate stamped instruments | Guide |
| Sec 21 | At sight, On presentment, After sight | Guide |
| Sec 22 | Maturity | Guide |
| Sec 23 | Calculating maturity of bill or note payable so many months after date or sight | Guide |
| Sec 24 | Calculating maturity of bill or note payable so many days after date or sight | Guide |
| Sec 25 | When day of maturity is a holiday | Guide |
| Sec 26 | Capacity to make, etc., promissory notes, etc. | Guide |
| Sec 27 | Agency | Guide |
| Sec 28 | Liability of agent signing | Guide |
| Sec 29 | Liability of legal representative signing | Guide |
| Sec 30 | Liability of drawer | Guide |
| Sec 31 | Liability of drawee of cheque | Guide |
| Sec 32 | Liability of maker of note and acceptor of bill | Guide |
| Sec 33 | Only drawee can be acceptor except in need or for honor | Guide |
| Sec 34 | Acceptance by several drawees not partners | Guide |
| Sec 35 | Liability of endorser | Guide |
| Sec 36 | Liability of prior parties to holder in due course | Guide |
| Sec 37 | Maker, drawer and acceptor principals | Guide |
| Sec 38 | Prior party a principal in respect of each subsequent party | Guide |
| Sec 39 | Suretyship | Guide |
| Sec 40 | Discharge of endorser's liability | Guide |
| Sec 41 | Acceptor bound, although endorsement forged | Guide |
| Sec 42 | Acceptance of bill drawn in fictitious name | Guide |
| Sec 43 | Negotiable instrument made, etc. without consideration | Guide |
| Sec 44 | Partial absence or failure of money-consideration | Guide |
| Sec 45 | Partial failure of consideration not consisting of money | Guide |
| Sec 46 | Delivery | Guide |
| Sec 47 | Negotiation by delivery | Guide |
| Sec 48 | Negotiation by endorsement | Guide |
| Sec 49 | Conversion of endorsement in blank into endorsement in full | Guide |
| Sec 50 | Effect of endorsement | Guide |