Section 108
Acceptance for honour
Chapter 11: Of acceptance and payment for honour and reference in case of need
When a bill of exchange has been noted or protested for non- acceptance or for better security, any person not being a party already liable thereon may, with the consent of the holder, by writing on the bill, accept the same for the honour of any party thereto. * * *
The Negotiable Instruments Act, 1881 (Act No. 26 of 1881). From the updated text on India Code, with later amendments. Being checked against the official copy; amendment notes are not shown yet.