Mera Samvidhaan All of Negotiable Instruments Act, 1881

Chapter III · Parties to Notes, Bills and Cheques.

36Liability of prior parties to holder in due course.

Section 36 · Chapter III · page 13 of the Act

Every prior party to a negotiable instrument is liable thereon to a holder in due course until the instrument is duly satisfied.

Section 36 of The Negotiable Instruments Act, 1881 is reproduced in full above, as printed by India Code, with its footnotes and amendment markers. Read the whole Act, or browse every Act on Mera Samvidhaan.