https://www.taxtmi.com/acts?id=7664 The maker, acceptor or indorser is discharged from liability by cancellation when a holder cancels the acceptor's or indorser's name with intent to discharge him and to parties claiming under that holder; by release when a holder otherwise discharges the party and to those deriving title after notice of such discharge; and by payment to all parties where the instrument is payable to bearer or indorsed in blank and payment is made in due course. en-us Sat, 19 Jan 2008 22:45:54 +0530 Sat, 19 Jan 2008 22:45:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=7664 The maker, acceptor or indorser is discharged from liability by cancellation when a holder cancels the acceptor's or indorser's name with intent to discharge him and to parties claiming under that holder; by release when a holder otherwise discharges the party and to those deriving title after notice of such discharge; and by payment to all parties where the instrument is payable to bearer or indorsed in blank and payment is made in due course. Act-Rules Indian Laws Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=7664