§ 34 Major Port Authorities Act, 2021
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Section 34. Endorsements to be made on security itself

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Act
Major Port Authorities Act, 2021
Section number
34

Section reader

The Major Port Authorities Act, 2021

34. Endorsements to be made on security itself.-

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.