The rule in Section 136 of the Negotiable Instruments Act, 1881 (instrument made outside India…
Section 136 protects "any subsequent acceptance or indorsement made thereon within India" where the instrument was made abroad in accordance with Indian law, even if the…
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The rule in Section 136 of the Negotiable Instruments Act, 1881 (instrument made outside India according to Indian law) ensures:
Answer and explanation
Correct answer A
Section 136 protects "any subsequent acceptance or indorsement made thereon within India" where the instrument was made abroad in accordance with Indian law, even if the agreement is invalid under the foreign law. It does not cancel the instrument, and the presumption that foreign law is the same as Indian law comes from section 137.
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