Section 37: Rights of holder

37. Rights of holder (1) The holder of a bill may— (a) sue on the bill in his own name; (b) where he becomes a holder in due course, hold the bill free from any defect of title of prior parties, and from mere personal defences, available to prior parties among themselves, and enforce payment against all parties liable on the bill. [Issue 1] B7 – 12 Revised Laws of Mauritius (2) Where the holder of a bill whose title is defective— (a) negotiates the bill to another holder in due course, that other holder obtains a good and complete title to the bill; and (b) obtains payment of the bill, the person who pays him in due course gets a valid discharge for the bill.