The Negotiable Instruments Act
115Drawee in case of need
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.
Download our fully-offline, High speed android app.- Click here
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