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THE NEGOTIABLE INSTRUMENTS ACT, 1881


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8. Holder
 

The "holder" of a promissory note, bill of exchange or Cheque means any person entitled in his own name to the possession thereof and to receive or recover the amount due thereon from the parties thereto.

Where the note, bill or Cheque is lost or destroyed, its holder is the person so entitled it the time of such loss or destruction.

 

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