https://www.taxtmi.com/caselaws?id=275886 A promissory note allotted to a member at an oral partition in a joint Hindu family is enforceable by that member without endorsement or a separate deed of assignment, because the right devolves by operation of law rather than by transfer between parties. The Negotiable Instruments Act was treated as governing negotiation, not excluding transmission of title where rights pass otherwise. Partition was held not to be a transfer within the Transfer of Property Act, so no endorsement or written assignment was required for enforcement. en-us Fri, 24 Feb 1961 00:00:00 +0530 Mon, 22 Oct 2018 10:18:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=275886 A promissory note allotted to a member at an oral partition in a joint Hindu family is enforceable by that member without endorsement or a separate deed of assignment, because the right devolves by operation of law rather than by transfer between parties. The Negotiable Instruments Act was treated as governing negotiation, not excluding transmission of title where rights pass otherwise. Partition was held not to be a transfer within the Transfer of Property Act, so no endorsement or written assignment was required for enforcement. Case-Laws Indian Laws Fri, 24 Feb 1961 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=275886