Under the Negotiable Instruments Act, 1881, negotiation by delivery is subject to:
Under s.47 NI Act, negotiation by delivery is expressly made subject to the provisions of section 58, not sections 45, 50 or 60.
Choose your answer
Under the Negotiable Instruments Act, 1881, negotiation by delivery is subject to:
Answer and explanation
Correct answer C
Under s.47 NI Act, negotiation by delivery is expressly made subject to the provisions of section 58, not sections 45, 50 or 60.
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