section 109
How acceptance for honour must be made.
The Negotiable Instruments Act, 1881Civil1881155 sections17 chapters
Chapter XI OF ACCEPTANCE AND PAYMENT FOR HONOUR AND REFERENCE IN CASE OF NEED
Statutory text
A person desiring to accept for honour must, 1[by writing on the bill under his hand, declare that he accepts under protest the protested bill for the honour of the drawer or of a particular indorser whom he names, or generally for honour. 2 ***
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