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Negotiable Instruments Act, 1881

Section 54, NI Act: Instrument indorsed in blank

Pundora · Published 3 October 2026

Section 54 of the Negotiable Instruments Act, 1881, in the Act's own words.

The section

54. Instrument indorsed in blank.

Subject to the provisions hereinafter contained as to crossed cheques, a negotiable instrument indorsed in blank is payable to the bearer thereof even although originally payable to order.

The text is India Code's consolidated text as loaded into Pundora's statute corpus on 1 September 2026. A section quoted in a draft checked by Pundora is checked against this text.

Sources

  1. India Code: Negotiable Instruments Act, 1881, section 54 (read 1 September 2026)

The Act's own words, from India Code. If the text here differs from the Gazette, the Gazette governs; write to contact@pundora.in and it will be corrected and dated.