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Negotiable Instruments Act, 1881

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

Pundora · Published 3 October 2026

Section 53 of the Negotiable Instruments Act, 1881, in the Act's own words.

The 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.

The text is India Code's consolidated text as loaded into Pundora's statute corpus on 1 September 2026. A section quoted in a draft checked by Pundora is checked against this text.

Sources

  1. India Code: Negotiable Instruments Act, 1881, section 53 (read 1 September 2026)

The Act's own words, from India Code. If the text here differs from the Gazette, the Gazette governs; write to contact@pundora.in and it will be corrected and dated.