Chapter XI — Of Acceptance And Payment For Honour And Reference In Case Of Need

Section 108 — Acceptance for honour

Negotiable Instruments Act, 1881 · Free to read

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. ***