The Negotiable Instruments Act

Delivery

Negotiation by delivery

Negotiation by indorsement

Conversion of indorsement in blank into indorsement in full

Effect of indorsement

Who may negotiate

Indorser who excludes his own liability or makes it conditional

Holder deriving title from holder in due course

Instrument indorsed in blank

Indorsement for part of sum due

Legal representative cannot by delivery only negotiate instrument indorsed by deceased

Instrument obtained by unlawful means or for unlawful consideration

Instrument acquired after dishonour or when overdue

Instrument negotiable till payment or satisfaction


OF NEGOTIATION


The holder of a negotiable
instrument indorsed in blank may, without signing his own name, by writing above the indorser's
signature a direction to pay to any other person as indorsee, convert the indorsement in blank into an
indorsement in full; and the holder does not thereby incur the responsibility of an indorser.

LAWGIST

# 49 Conversion of indorsement in blank into indorsement in full