NI Act · II — OF NOTES, BILLSAND CHEQUES

Section 15. Indorsement

In force · As amended up to 2026-08

15. Indorsement.— When the maker or holder of a negotiable instrument signs the same, otherwise than as such maker, for the purpose of negotiation, on the back or face thereof or on a slip of paper annexed thereto, or so signs for the same purpose a stamped paper intended to be completed as a negotiable instrument, he is said to indorse the same, and is called the "indorser".

Source: India Code