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Section 35 - Major Port Authorities Act, 2021

The Major Port Authorities Act, 2021

35. Endorser of security not liable for amount thereof.-

Notwithstanding anything contained in the Negotiable Instruments Act, 1881 (26 of 1881), a person shall not by reason only of his having endorsed any port security be liable to pay any monies due, either as principal or as interest thereunder.

Related Sections

Section 32: Application to Adjudicatory Board
Section 55: Composition of Adjudicatory Board
Section 28: Board's lien for rates
Section 13: Meetings of Board
Section 56: Qualifications, terms and conditions of service of Presiding Officer and members of Adjudicatory Board

Related Acts

National Commission for Backward Classes (Repeal) Act, 2018
Personal Laws (Amendment) Act, 2019
National Medical Commission Act, 2019
National Nursing and Midwifery Commission Act, 2023
Real Estate (Regulation and Development) Act, 2016

* Only for reference.