section 115
Drawee in case of need.
The Negotiable Instruments Act, 1881Civil1881155 sections17 chapters
Chapter XI OF ACCEPTANCE AND PAYMENT FOR HONOUR AND REFERENCE IN CASE OF NEED
Statutory text
Where a drawee in case of need is named in a bill of exchange, or in any indorsement thereon, the bill is not dishonoured until it has been dishonoured by such drawee.
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