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The Negotiable Instruments Act, 1881

Section 108Acceptance for honour

In forcePart IVChapter XI OF ACCEPTANCE AND PAYMENT FOR HONOUR AND REFERENCE IN CASE OF NEED

Part IV

Chapter XI OF ACCEPTANCE AND PAYMENT FOR HONOUR AND REFERENCE IN CASE OF NEED

s. 108

108. Acceptance for honour 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.

End of s. 108.

Read the contents: The Negotiable Instruments Act, 1881