Section
41-
Acceptor bound, although endorsement forged
An acceptor of a bill of exchange already indorsed is not relieved from liability by reason that such endorsement is forged, if he knew or had reason to believe the endorsement to be forged when he accepted the bill.
The Negotiable Instruments Act, 1881
Judgement(s) Found in :
The Negotiable Instruments Act, 1881
Section 41