Negotiable Instruments Act, 1881

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Section 109

How acceptance for honour must be made

Chapter 11: Of acceptance and payment for honour and reference in case of need

A person desiring to accept for honour must, [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. * * *

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.

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