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The Negotiable Instruments Act

# 112    When acceptor for honour may be charged

An acceptor for honour cannot be charged unless the bill has at its maturity been presented to the drawee for payment, and has been dishonoured by him, and noted or protested for such dishonour.

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OF ACCEPTANCE AND PAYMENT FOR HONOUR AND REFERENCE IN CASE OF NEED
  • 108
     Acceptance for honour
  • 109
     How acceptance for honour must be made
  • 110
     Acceptance not specifying for whose honour it is made
  • 111
     Liability of acceptor for honour
  • 113
     Payment for honour
  • 114
     Right of payer for honour
  • 115
     Drawee in case of need
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