Question
Section 9 of the Negotiable Instrument Act, 1881
defines:Solution
Section 9 of NI Act - āHolder in due courseāāāHolder in due courseā means any person who for consideration became the possessor of a promissory note, bill of exchange or cheque if payable to bearer, or the payee or indorsee thereof, if payable to order, before the amount mentioned in it became payable, and without having sufficient cause to believe that any defect existed in the title of the person from whom he derived his title
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