Repealed or not in force · As amended up to 2026-08
40. Where an instrument is evidence of different W I I ~ ~ instru- instru- rights or different obligations, the Court may, in a, yi:,~~ proper case, cancel it in part and allow it to stand for cmcelled. the residue. I . 4 `,a,` 7 `cg` . `4 , ~`
instru-
40. Where an instrument is evidence of different W I I ~ ~ instru- instru- rights or different obligations, the Court may, in a, yi:,~~
IIZust~*atiolz.
A draws a bill on B, who endorses it to C, by whom it appears to be endorsed to D, who endorses it to E. C's endorsement is fo~ged. C is entitled to have such endorsen~eut cancelled, leaving the bill to stand in other respects.
41. On adjudging the cancellation of an instru- Power to re- remont, the Court may require the party party to whom such whom such relief is granted t o make a'ny colupensation to tile strument is other ~vhicll justice may cancelled to
41. On adjudging the cancellation of an instru- Power to re- remont, the Court may require the party party to whom such whom such
cancelled to lnalie comCIIAPTIEE VI. pensation.
Discreti011 of Court as todeclarations of statns or right.
Bar to such declaration.
%- T.k;7 CiiAPTBLt VI. `.G` `fl`
Source: India Code