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The Negotiable Instruments Act

# 115    Drawee in case of need

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.

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OF ACCEPTANCE AND PAYMENT FOR HONOUR AND REFERENCE IN CASE OF NEED
  • 111
     Liability of acceptor for honour
  • 112
     When acceptor for honour may be charged
  • 113
     Payment for honour
  • 114
     Right of payer for honour
  • 116
     Acceptance and payment without protest
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