Legal World

Section 112 NI Act — When acceptor for honour may be charged

The Negotiable Instruments Act, 1881 · Official PDF page 24

Open in NyayaOfficial PDF, page 24

112. When acceptor for honour may be charged. —An acceptor for hon our cannot be charged unless the bill has at its maturity been presented to the drawee for payment, and has been dishonoured by him, and noted or protested for such dishonour.

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.

For research. Check the official gazette and later amendments before citing a section.