eCourtsIndia
IndiaCode Laws
Section86
The Negotiable Instruments Act, 1881

Parties not consenting discharged by qualified or limited acceptance

In force From 01 Mar 1882 Act 26 of 1881 As on 14 Oct 2026

Act 26 of 1881 Ministry Finance Enacted 09 Dec 1881 In force 01 Mar 1882 Cited by 1 provision

Section 86 of the Negotiable Instruments Act, 1881 deals with parties not consenting discharged by qualified or limited acceptance. If the holder of a bill of exchange acquiesces in a qualified acceptance, or one limited to part of the sum mentioned in the bill, or which substitutes a different place or time for payment, or which, where the drawees are not partners, is not signed by all the drawees, all previous parties whose co The Act came into force on 01 Mar 1882.

If the holder of a bill of exchange acquiesces in a qualified acceptance, or one limited to part of the sum mentioned in the bill, or which substitutes a different place or time for payment, or which, where the drawees are not partners, is not signed by all the drawees, all previous parties whose consent is not obtained to such acceptance are discharged as against the holder and those claiming under him, unless on notice given by the holder they assent to such acceptance.

Explanation.-- An acceptance is qualified--

(a) where it is conditional, declaring the payment to be dependent on the happening of an event therein stated;

(b) where it undertakes the payment of part only of the sum ordered to be paid;

(c) where no place of payment being specified on the order, it undertakes the payment at a specified place, and not otherwise or elsewhere; or where, a place of payment being specified in the order, it undertakes the payment at some other place and not otherwise or elsewhere;

(d) where it undertakes the payment at a time other than that at which under the order it would be legally due.

Section 86, 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.

Referred to by 1

  1. s. 87 Effect of material alteration

Questions about Section 86

What does Section 86 of the Negotiable Instruments Act deal with?

Section 86 of the Negotiable Instruments Act is headed "Parties not consenting discharged by qualified or limited acceptance". If the holder of a bill of exchange acquiesces in a qualified acceptance, or one limited to part of the sum mentioned in the bill, or which substitutes a different place or time for payment, or which, where the drawees are not partners, is not signed by all the drawees, all previous parties whose co

How do I find court cases under Section 86 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 86, section 86 NI Act, section 86 of the Negotiable Instruments Act. 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 86 of the Negotiable Instruments Act, and has it changed?

1 other provision in this corpus refers back to it.

When did Section 86 of the Negotiable Instruments Act come into force?

Section 86 of the Negotiable Instruments Act, cited as NI Act 86, 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

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 14 Oct 2026. This page is not a substitute for legal advice.