LawgistThe Negotiable Instruments Act
112When acceptor for honour may be charged
An acceptor for honour cannot be charged unless the bill has at its maturity been presented to the drawee for payment, and has been dishonoured by him, and noted or protested for such dishonour.
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OF ACCEPTANCE AND PAYMENT FOR HONOUR AND REFERENCE IN CASE OF NEED
- 108 Acceptance for honour
- 109 How acceptance for honour must be made
- 110 Acceptance not specifying for whose honour it is made
- 111 Liability of acceptor for honour
- 112 When acceptor for honour may be charged
- 113 Payment for honour
- 114 Right of payer for honour
- 115 Drawee in case of need
- 116 Acceptance and payment without protest
