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Bare acts > Negotiable Instruments Act, 1881 > Section 58
 
   


 

58. Instrument obtained by unlawful means or for unlawful consideration.- When a negotiable instrument has been lost, or has been obtained from any maker, acceptor or holder thereof by means of an offence or fraud, or for an unlawful consideration, no possessor or endorsee who claims through the person who found or so obtained the instrument is entitled to receive the amount due thereon from such maker, acceptor or-holder, or from any party prior to such holder, unless such possessor or endorsee is, or some person through whom he claims was, a holder thereof in due course.

 

 

 

 

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