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NI Act, Section 134. Law governing liability of maker, acceptor or endorser of foreign instrument


 
Category of Bare Act Name of the Act Year of Promulgation
Criminal Laws Negotiable Instruments Act 1881
Act Number Enactment Date Chapter Number
26 09.12.1881 16
Chapter Title Ministry Department
Of International Law Ministry of Finance Department of Financial Services

In the absence of a contract to the contrary, the liability of the maker of drawer of a foreign promissory note, bill of exchange or cheque is regulated in all essential matters by the law of the place where he made the instrument, and the respective liabilities of the acceptor and endorser by the law of the place where the instrument is made payable.

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1. Subs. by Act 3 of 1951, sec. 3 and Sch., for “the State”

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