53Holder deriving title from holder in due course.
Section 53 · Chapter IV · page 16 of the Act
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.
Chapter IV · Of Negotiation
Section 53 · Chapter IV · page 16 of the Act
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.
Section 53 of The Negotiable Instruments Act, 1881 is reproduced in full above, as printed by India Code, with its footnotes and amendment markers. Read the whole Act, or browse every Act on Mera Samvidhaan.