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Negotiable Instruments Act, 1881 · Chapter XV: O F B I L L S I N S E T S

Section 133: Holder of first acquired part entitled to

In plain words

Between holders in due course of different parts of the same set, the one who first got title to their part is entitled to the other parts and the money.

A simplified explanation, prepared with AI assistance from the official text below and checked automatically against it for numbers and cross-references. The official text is the law and prevails over this summary. Not legal advice.

Official text

As between holders in due course of different parts of the same set, he who first acquired title to his part is entitled to the other parts and the money represented by the bill.

Source: India Code (indiacode.gov.in), the consolidated text published by the Legislative Department, Government of India. Text as updated on India Code on 15 October 2026. Words in square brackets [ ] were inserted or substituted by later amending Acts, and *** marks words omitted by an amendment. The amendment footnotes are not reproduced here. Official text on India Code.

Supreme Court judgments citing the section 133

No Supreme Court judgment in our database cites this section yet.