Promissory note

Rights and Privileges of Holder in Due Course

HOLDER IN DUE COURSE AND RIGHTS AND PRIVIELEGES PROVIDED TO HOLDER IN DUE COURSE UNDER NEGOTIABLE INSTRUMENTS ACT (INDIA) HOLDER IN DUE COURSE The phrase ˜Holder in Due Course™ shortens considerable the cumbrous English equivalent ˜bona fide holder for value without notice™; and both the Indian and English Acts have adopted this phrase. Sec. 9… Read More

Tags: Holder in due courseIndiaIndian Contract Act 1872Negotiable Instrumentnegotiable instruments actNegotiable Instruments Act 1881Promissory noteSupreme CourtSupreme Court of the United StatesUnited States

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