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    <title>2006 (10) TMI 515 - MADRAS HIGH COURT</title>
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    <description>The Court upheld the Trial Court&#039;s decision in two appeals concerning promissory notes. The defendant&#039;s arguments of lack of consideration were rejected. The plaintiff proved valid assignments and payment, establishing him as a &quot;holder in due course.&quot; Legal precedents supported the plaintiff&#039;s rights under the Negotiable Instruments Act. Consequently, the Court ruled in favor of the plaintiff, dismissing the appeals and holding the defendant liable to pay the amounts due under the promissory notes.</description>
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      <description>The Court upheld the Trial Court&#039;s decision in two appeals concerning promissory notes. The defendant&#039;s arguments of lack of consideration were rejected. The plaintiff proved valid assignments and payment, establishing him as a &quot;holder in due course.&quot; Legal precedents supported the plaintiff&#039;s rights under the Negotiable Instruments Act. Consequently, the Court ruled in favor of the plaintiff, dismissing the appeals and holding the defendant liable to pay the amounts due under the promissory notes.</description>
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