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


If a negotiable instrument,
after having been indorsed in blank, is indorsed in full, the amount of it cannot be claimed from the
indorser in full, except by the person to whom it has been indorsed in full, or by one who derives title
through such person.

LAWGIST

# 55 Conversion of indorsement in blank into indorsement in full