60. A negotiable instrument may be negotiated (except by the maker, drawee or acceptor after maturity) until payment or satisfaction thereof by the maker, drawee or acceptor at or after maturity, but not after such payment or satisfaction.
Negotiable Instruments Act, 1881
Section 60: Instrument negotiable till payment or satisfaction
Chapter IV — Of Negotiation
Source: official text of the Negotiable Instruments Act, 1881.