Section 53 NI Act — Holder deriving title from holder in due course

The Negotiable Instruments Act, 1881 · Official PDF page 16

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.

Text extracted from the official PDF (India Code source copy; consolidation date not certified). Line breaks and footnote marks may differ; the PDF is the authority.

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