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Home › Bare Acts › Negotiable Instruments Act, 1881 › Section 115

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

Section 115 — Drawee in case of need

Negotiable Instruments Act, 1881 · Free to read

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.

← Section 114: Right of payer for honourSection 116: Acceptance and payment without protest →