Negotiable Instruments Act, 1881

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Section 53

Holder deriving title from holder in due course

Chapter 4: Of negotiation

A holder of a negotiable instrument who derives title from a holder in due course has the rights thereon of that holder in due course.

The Negotiable Instruments Act, 1881 (Act No. 26 of 1881). From the updated text on India Code, with later amendments. Being checked against the official copy; amendment notes are not shown yet.

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