Section 41 of Negotiable Instruments Act - Acceptor bound, although, indorsement forged

Section 41 Negotiable Instruments Act Description

An acceptor of a bill of exchange already indorsed is not relieved from liability by reason that such indorsement is forged, if he knew or had reason to believe the indorsement to be forged when he accepted the bill.

Click here to read more from the Negotiable Instruments Act

Find the best lawyer for Negotiable Instruments Act Section 41 charges

FIND A LAWYER

Googling your legal issue online?

The internet is not a lawyer and neither are you.
Talk to a real lawyer about your legal issue.

Googling your legal issue online?

The internet is not a lawyer and neither are you.
Talk to a real lawyer about your legal issue.