Section 53:
Holder deriving title from holder in due course.
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.
26/1881 - The Negotiable Instruments Act, 1881 ▶
Act Number: 26
Act Name: The Negotiable Instruments Act, 1881
Year: 1881
Enactment Date: 1881-12-09
Long Title: An Act to define and amend the law relating to Promissory Notes, Bills of Exchange and Cheques.
Ministry: Ministry of Finance
Department: Department of Financial Services