section 59
Endorsement of security not liable for amount thereof.
The Gujarat Maritime Board Act, 1981Infrastructure1981117 sections11 chapters
Chapter VII BORROWING POWERS OF BOARD
Statutory text
Notwithstanding anything in the Negotiable Instruments Act, 1881, a person shall not by reason only of his having endorsed any Board security be liable to pay any money due either as principal or as interest thereunder.
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