Bare ActsThe NEGOTIABLE INSTRUMENTS ACT, 1881

Section 108

Acceptance for honour

Amendment status not verified — confirm the current text below against the official source.

Acceptance for honour.—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. 1***

Section 108 – The NEGOTIABLE INSTRUMENTS ACT, 1881 | DailyLaw.ai