Notwithstanding anything contained in section 15 of the Negotiable Instruments Act, 1881 (26 of 1881), no endorsement of a port security, which is transferable by endorsement, shall be valid unless made by the signature of the holder inscribed on the back of the security itself.
Chapter IIIMA — NAGEMENT AND ADMINISTRATION
Section 34
Endorsements to be made on security itself
Printed from Law on Tips • The Major Port Authorities Act, 2021