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Section 118 in The Negotiable Instruments Act, 1881 [Entire Act]

following presumptions shall be made:— (a) of consideration —that every negotiable instrument was made or drawn for consideration, and that every such instrument, when ... acceptor thereof by means of an offence or fraud, or for unlawful consideration, the burden of proving that the holder is a holder
Union of India - Section Cites 0 - Cited by 22943

Section 23 in The Indian Contract Act, 1872 [Entire Act]

said to be unlawful. Every agreement of which the object or consideration is unlawful is void. Illustrations (a) A agrees to sell his house ... rupees to A. The agreement is void, as the consideration for it is unlawful. (g) A, being agent for a landed proprietor, agrees for money
Union of India - Section Cites 0 - Cited by 4236

Section 58 in The Negotiable Instruments Act, 1881 [Entire Act]

Negotiable Instruments Act, 1881 58. Instrument obtained by unlawful means or for unlawful consideration.— When a negotiable instrument has been lost, or has been obtained ... thereof by means of an offence or fraud, or for an unlawful consideration, no possessor or indorsee who claims through the person who found
Union of India - Section Cites 0 - Cited by 121

These Applications Are Filed By The vs Gundu Ayyar And Others [Air 1928 Madras ...

applicant are negotiable instruments which have been obtained by unlawful means for unlawful consideration and therefore, the ultimate beneficiary viz., the Official Liquidator should ... evidence, decides about the conduct of the parties since the unlawful means and unlawful consideration is of criminal character, which cannot be decided by exchange
Madras High Court Cites 18 - Cited by 0 - P Jyothimani - Full Document

Somalingappa vs Anil Kumar on 5 March, 2026

becomes void, the consideration paid in such contract becomes an illegal consideration and when it is said it is legal or unlawful consideration ... provision runs as under: "58. Instrument obtained by unlawful means or for unlawful consideration.--When a negotiable instrument has been lost, or has been
Bangalore District Court Cites 14 - Cited by 0 - Full Document
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