U. PONNAPPA MOOTHAN SONS, PALGHAT vs CATHOLIC SYRIAN BANK LTD. AND OTHERS

The Supreme Court examined the definition of 'holder in due course' under Section 9 of the Negotiable Instruments Act, 1881, emphasizing that the title of the transferor must be free from defects. The Court upheld the trial court's ruling that the respondent Bank was a holder in due course entitled to enforce liability against the appellant, despite the appellant's claims regarding non-supply of goods. The appeal was dismissed, affirming the Bank's right to recover the amount from the appellant and other defendants.