Criminal Law - The Negotiable Instruments Act, 1881 - Section 36 - Liability of prior parties to holder in due course

The Negotiable Instruments Act, 1881
Section 1-49

Section 1

Short title

Section 2

Repeal of enactments

Section 3

Interpretation clause

Section 4

Promissory note

Section 5

Bill of exchange

Section 6

Cheque

Section 7

Drawer, drawee

Section 8

Holder

Section 9

Holder in due course

Section 10

Payment in due course

Section 11

Inland instrument

Section 12

Foreign instrument

Section 13

Negotiable instrument

Section 14

Negotiation

Section 15

Endorsement

Section 16

Endorsement in blank and in full-endorsee

Section 17

Ambiguous instruments

Section 18

Where amount is stated differently in figures and words

Section 19

Instruments payable on demand

Section 20

Inchoate stamped instruments

Section 21

At sight, On presentment, After sight

Section 22

Maturity

Section 23

Calculating maturity of bill or note payable so many months after date or sight

Section 24

Calculating maturity of bill or note payable so many days after date so sight

Section 25

When day of maturity is a holiday

Section 26

Capacity to make, etc. , promissory notes, etc.

Section 27

Agency

Section 28

Liability of agent signing

Section 29

Liability of legal representative signing

Section 30

Liability of drawer

Section 31

Liability of drawee of cheque

Section 32

Liability of maker of note and acceptor of bill

Section 33

Only drawee can be acceptor except in need for honour

Section 34

Acceptance by several drawee not partners

Section 35

Liability of endorser

Section 36

Liability of prior parties to holder in due course

Section 37

Maker, drawer and acceptor principals

Section 38

Prior party a principal in respect of each subsequent party

Section 39

Surety ship

Section 40

Discharge of endorser's liability

Section 41

Acceptor bound, although endorsement forged

Section 42

Acceptance of bill drawn in fictitious name

Section 43

Negotiable instrument made, etc., without consideration

Section 44

Partial absence or failure of money-consideration

Section 45

Partial failure of consideration not consisting of money

Section 45-A

Holder's right to duplicate of lost bill

Section 46

Delivery

Section 47

Negotiation by delivery

Section 48

Negotiation by endorsements

Section 49

Conversion of endorsement in blank into endorsement in full

Section 36- Liability of prior parties to holder in due course

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

The Negotiable Instruments Act, 1881

Section(s)

Judgement(s) Found in :
The Negotiable Instruments Act, 1881
Section 36