Implementation of Geneva Conventions Act, 2012
R 385
Bills of Exchange Act, 1964 (Act No. 34 of 1964)Chapter IIIUnindorsed or irregularly indorsed instruments92. Liability of maker |
The maker of a note by making it—
| (a) | engages that he will pay it according to its tenor; |
| (b) | is precluded from denying to a holder in due course the existence of the payee and his then capacity to indorse. |
