This document discusses different types of endorsements for transferring negotiable instruments. An endorsement involves signing one's name on the back of an instrument to transfer interest to another person called the endorsee. Types of endorsements include general or blank endorsements, special or full endorsements, restrictive endorsements, sans recourse endorsements, and conditional endorsements. Endorsements can be made in pencil and on the front of an instrument. All endorsers must sign for instruments made payable to multiple persons.

3. Method of transferring a Negotiable instrument.
Endorsement means signing ones name on the
back of a negotiable instrument for the purpose
of transferring the interest, right or property in
the instrument to another person.

4. Endorser – The person who endorses or putting
signature at back of the instrument is called
the endorser
Endorsee-The person to whom the instrument
is endorsed is called the endorsee

5. Allonge – a separate paper when signed and
attached with the instrument

6.  Endorsement in pencil is valid in the eyes of law.
 Endorsement on the face of an instrument is permitted by
law.
 An instrument made payable to two or more persons
jointly should de endorsed by all of them.
 An endorsement should be for the entire amount of the
instrument.
 An endorsement may be blank or full or restrictive also.

7. 1. General or Blank Endorsement
2. Special or Full Endorsement
3. Restrictive Endorsement
4. Sans Recourse Endorsement
5. Sans frais Endorsement
6. Partial Endorsement
7. Conditional Endorsement
8. Facultative Endorsement

9. The endorser writes not only the name of endorser, but
also the name of endorsee also.

10. Restrictive endorsement means is an endorsement in
which the endorser restricts the further negotiation
(transferability)

11. In this type of endorsement the endorser frees himself
from any liability like dishonor of instrument by
writing the word “sans recourse” after writing the
name of the endorsee.

12. Sans fraise means “without expense”.
Endorser doesn’t want any expense to be incurred on his a/c on
the instrument. That means he is liable for the amount of the
instrument only and not liable for any additional expenditrure
like noting and protesting charges.

13. In partial endorsement the Negotiable Instrument is
endorsed for part of the amount.
Such endorsement is not valid.

14. It contains an order to pay only when a condition
expressly laid down by the endorser is met with.

15. Where such words are added to an endorsement whereby
the endorser waives his right to receive notice of
dishonor, the endorsement is termed as facultative
endorsement

16. PRESENTED By
Vinayakan V
Icm kannur
kerala