Negotiable Instruments Act : Estoppel against denying original validity of instrument. Indian Bare Acts

Negotiable Instruments Act,1881

Act No : 26

Section : Estoppel against denying original validity of instrument.

120.Estoppel against denying original validity of instrument. No maker of a promissory note, and no drawer of a bill of exchange or cheque, and no acceptor of a bill of exchange for the honour of the drawer shall, in a suit thereon by a holder in due course, be permitted to deny the validity of the instrument as originally made or drawn.