Bare ActsThe Negotiable Instruments Act, 1881

Section 108

Acceptance for honour.

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

When a bill of exchange has been noted or protested for nonacceptance 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 ***

Amended up to 2019-11-02View on India Code →
Section 108 – The Negotiable Instruments Act, 1881 | DailyLaw.ai