Landmark case · Law of Banking and Negotiable Instruments · Semester 5

U. Ponnappa Moothan Sons v. Catholic Syrian Bank Ltd.

AIR 1991 SC 441 · Supreme Court of India

A holder in due course under section 9 must show that the instrument was obtained for consideration and without cause to believe in a defect of title.

From topic

Holder, negotiation and liability of parties — Unit III, Law of Banking and Negotiable Instruments.

Related sections:

Negotiable Instruments Act, 1881, 8–9 — Holder and holder in due course
Negotiable Instruments Act, 1881, 14–15 — Negotiation and endorsement
Negotiable Instruments Act, 1881, 32–36 — Liability of maker, drawer, acceptor and endorser
Negotiable Instruments Act, 1881, 118 — Presumptions as to negotiable instruments