VidhiSangh

Negotiable Instruments Act, 1881

Section 115: Drawee in case of need

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

115. Where a drawee in case of need is named in a bill of exchange, or in any indorsement thereon, the bill is not dishonoured until it has been dishonoured by such drawee.

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