Examples of Holder in due course in a sentence
Furthermore, the Holder shall be entitled to all the rights of a Holder in due course of a negotiable instrument.
Unit – III: Negotiable Instruments Act - 1881: Negotiable Instruments- Promissory Note, Bills of Exchange, & Cheque, Parties to negotiable instruments, Types of endorsements, Holder- Holder in due course, Dishonour and discharge of negotiable Instruments, Offences by the companies.
Unit IIINegotiable Instruments - Features – Characteristics – Negotiability - Assignability - Cheques- Crossing – Endorsement - Cheque dishonour- Material Alteration - Marking of Cheques - Closing of customer account - Holder in due course - Privileges - Paying banker and Collecting Banker - Statutory protection to paying and collecting banker – Negligence – Conversion - Payment in due course- Holder for Value.
Further, notwithstanding anything to the contrary herein, Adviser may disclose “confidential information” to its agents and advisors whenever Adviser determines that disclosure is necessary or advisable to provide the services contemplated hereunder.
Holder in due course.........................................................................