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Endorsement: Types of Endorsements

 Endorsement is made for the purpose of negotiation of a negotiable instrument by the maker or holder of a negotiable instrument by signing on the face or backside of an instrument or on a lip of paper called ‘allonge’#. Endorsement is explained under section 15 of Negotiable Instrument Act, 1881. Cheque, Bill of Exchange and […] Continue reading →