VidhiSangh

Negotiable Instruments Act, 1881

Section 109: How acceptance for honour must be made

Chapter XI — Of Acceptance and Payment for Honour and Reference in Case of Need

109. A person desiring to accept for honour must, 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 ***

Source: official text of the Negotiable Instruments Act, 1881.