Central Act
122
Section 122. Estoppel against denying signature or capacity of prior party.
The Negotiable Instruments Act, 1881
In forceAll India (Central Act)
122. Estoppel against denying signature or capacity of prior party. No indorser of a negotiable instrument shall, in a suit thereon by a subsequent holder, be permitted to deny the signature or capacity to contract of any prior party to the instrument.