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of <h1>Partial Transfers Invalid Under Section 56 of Negotiable Instruments Act; Partial Payments Can Be Endorsed for Remaining Balance.</h1> Section 56 of the Negotiable Instruments Act, 1881, stipulates that any writing on a negotiable instrument intending to transfer only a portion of the amount due is invalid for negotiation purposes. However, if a part of the amount has been paid, a note indicating this partial payment can be endorsed on the instrument, allowing it to be negotiated for the remaining balance.
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