Negotiable Instruments Act, 1881
Section 16, NI Act: Indorsement ''in blank'' and ''in full''
Section 16 of the Negotiable Instruments Act, 1881, in the Act's own words.
The section
16. Indorsement ''in blank'' and ''in full''.
1[(1)] If the indorser signs his name only, the indorsement is said to be "in blank," and if he adds a direction to pay the amount mentioned in the instrument to, or to the order of, a specified person, the indorsement is said to be "in full", and the person so specified "Indorsee".--is called the “indorsee” of the instrument. 2[(2) The provisions of this Act relating to a payee shall apply with the necessary modifications to an indorsee.]The text is India Code's consolidated text as loaded into Pundora's statute corpus on 1 September 2026; a number before a square bracket is India Code's own footnote marker for an amendment. A section quoted in a draft checked by Pundora is checked against this text.
Sources
- India Code: Negotiable Instruments Act, 1881, section 16 (read 1 September 2026)