Negotiation by indorsement
Section 48 of the Negotiable Instruments Act, 1881 deals with negotiation by indorsement. Subject to the provisions of section 58, a promissory note, bill of exchange or cheque [payable to order], is negotiable by the holder by indorsement and delivery thereof The Act came into force on 01 Mar 1882.
Subject to the provisions of section 58, a promissory note, bill of exchange or cheque 1[payable to order], is negotiable by the holder by indorsement and delivery thereof
Section 48, The Negotiable Instruments Act, 1881 (Act 26 of 1881).
Cross-references
Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.
This section refers to
Questions about Section 48
What does Section 48 of the Negotiable Instruments Act deal with?
Section 48 of the Negotiable Instruments Act is headed "Negotiation by indorsement". Subject to the provisions of section 58, a promissory note, bill of exchange or cheque [payable to order], is negotiable by the holder by indorsement and delivery thereof
How do I find court cases under Section 48 of the Negotiable Instruments Act?
In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: NI Act 48, section 48 NI Act, section 48 of the Negotiable Instruments Act. People searching for it also type negotiable instrument act section 48. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.
What should I read with Section 48 of the Negotiable Instruments Act, and has it changed?
Its own text turns on section 58 (Instrument obtained by unlawful means or for unlawful consideration), so none of them can safely be read on its own.
When did Section 48 of the Negotiable Instruments Act come into force?
Section 48 of the Negotiable Instruments Act, cited as NI Act 48, came into force on 01 Mar 1882, having been enacted on 09 Dec 1881. It is in force as at the date shown on this page.
Other sections of this Act
- 138. Dishonour of cheque for insufficiency, etc., of funds in the account312 words
- 142A. Validation for transfer of pending cases299 words
- 143. Power of Court to try cases summarily297 words
- 143A. Power to direct interim compensation291 words
- 142. Cognizance of offences290 words
- 141. Offences by companies287 words
Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. Text as in force on 15 Oct 2026. This page is not a substitute for legal advice.