Section 103
Special Provisions Relating To The Evidence
Until the contrary is proved, the following presumptions shall be made:- (a) that every Negotiable Instrument was made or drawn for consideration, and that every such instrument, when it has been accepted, indorsed negotiated or transferred, was, accepted,
indorsed, negotiated or transferred for consideration in  accordance with the prevailing law,
(b) that every Negotiable Instrument bearing a date was made or drawn on such date,
(c) that every transfer of a Negotiable Instrument was made before its Maturity,
(d) that every accepted Bill of Exchange was accepted within a reasonable time after its date and before its Maturity,
(e) that the Indorsements appearing upon a Negotiable Instrument were made in the order in which they appear thereon,
(f) that the Holder of a Negotiable Instrument is a Holder in due Course.
Provided that, the burden of proving that the Holder is a Holder in due Course lies upon him/her in the following conditions:-
(1) Where the Negotiable Instrument has been obtained from its lawful owner or from any person in lawful custody thereof by means of an offence or fraud,
(2) Where the Negotiable Instrument has been obtained from the maker, Drawer or acceptor thereof by means of an offence or fraud, or for unlawful
consideration.