Section 29 of NIA : Section 29: Liability Of Legal Representative Signing
NIA
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Explanation using Example
Example Application of Section 29 of The Negotiable Instruments Act, 1881:
Suppose John's father passes away, leaving behind a business that includes dealings with promissory notes. John takes over the business and, while managing the affairs, he signs his name on a promissory note that was originally issued by his father. John does not indic...
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