Negotiable Instruments Act, 1881
← Negotiable Instruments Act, 1881
XI · Section 108

Acceptance for honour

Synced on 04 Jul 2026Text as per India Code

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***

Judgments on Section 108