NI Act, Section 36. Liability of prior parties to holder in due course

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 3
Chapter Title Ministry Department
Parties to Notes, Bills and Cheques Ministry of Finance Department of Financial Services

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