Who is "Holder in due course" of a Negotiable instrument? What are the rights he possess?

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Salah Othman Yousef Alshambaati · Answer

Agreed with the answer VENKITARAMAN KRISHNA MOORTHY VRINDAVAN

VENKITARAMAN KRISHNA MOORTHY VRINDAVAN · Answer

Holder in due course: A person who receives a Negotiable Instrument for value, before it was due and in good faith, without notice of any defect in it, he is called holder in due course.A holder of a negotiable instrument need be a holder in due course to get protection under the Negotiable Instruments act to get the legal entitlement.

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Who is "Holder in due course" of a Negotiable instrument? What are the rights he possess?

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