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The Negotiable Instruments Act, 1881

Section 114Right of payer 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. 114

114. Right of payer for honour Any person so paying is entitled to all the rights, in respect of the bill, of the holder at the time of such payment, and may recover from the party for whose honour he pays all sums so paid, with interest thereon and with all expenses properly incurred in making such payment.

End of s. 114.

Read the contents: The Negotiable Instruments Act, 1881