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Section 109 NI Act — How acceptance for honour must be made

The Negotiable Instruments Act, 1881 · Official PDF page 24

Open in NyayaOfficial PDF, page 24

109. How acceptance for honour must be made. —A person desiring to accept for honour must, 2[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. 3***

Text extracted from the official PDF (India Code source copy; consolidation date not certified). Line breaks and footnote marks may differ; the PDF is the authority.

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