s 117 Estoppel of acceptor of bill of exchange, bailee or licensee
(1) No acceptor of a bill of exchange shall be permitted to deny that the drawer had authority to draw the bill or to endorse it.
(2) No bailee, agent or licensee shall be permitted to deny that the bailor, principal or licensor, by whom any goods were entrusted to any of them respectively was entitled to those goods at the time when they were so entrusted:
Provided that any such bailee, agent or licensee may show that he was compelled to deliver up any such goods to some person who had a right to them as against his bailor, principal or licensor, or that his bailor, principal or licensor wrongfully and without notice to the bailee,
agent or licensee, obtained the goods from a third person, who has claimed them from that bailee, agent or licensee. Explanation—The acceptor of a bill of exchange may deny that the bill was really drawn by the person by whom it purports to have been drawn.
Malay text (authoritative)
Estopel penerima bil pertukaran, baili atau penerima izin
(1) Tiada penerima sesuatu bil pertukaran dibenarkan untuk menafikan bahawa penyuruh bayar bil itu ada kuasa untuk menyuruh bayar bil itu atau mengendorskannya.
(2) Tiada baili, ejen atau penerima izin boleh dibenarkan untuk menafikan bahawa bailor, prinsipal atau pemberi izin yang olehnya apa-apa barang telah diamanahkan kepada mana-mana daripada mereka masing-masing berhak ke atas barang-barang itu pada masa barang-barang itu diamanahkan:
Dengan syarat bahawa mana-mana baili, ejen atau penerima izin itu boleh menunjukkan bahawa dia terpaksa menyerahkan mana-mana barang itu kepada seseorang lain yang berhak ke atas barang-barang itu selain bailor, prinsipal atau pemberi izin itu, atau bahawa bailor, prinsipal atau pemberi izin itu telah secara salah dan tanpa memberikan notis kepada baili, ejen atau penerima izin, memperoleh barang-barang itu daripada orang ketiga yang telah menuntut barang tersebut daripada baili, ejen atau penerima izin itu.
Huraian—Penerima sesuatu bil pertukaran boleh menafikan bahawa bil itu telah sebenarnya telah disuruh bayar oleh orang yang olehnya ia berupa sebagai telah disuruh bayar.
Text as at 1 May 2017 (LOM reprint); amendments made after that date may not be incorporated.
Source: Laws of Malaysia, Attorney General's Chambers of Malaysia (lom.agc.gov.my). Not a copy of the Gazette printed by the Government Printer (Interpretation Acts 1948 and 1967, s 61).
