LawgistThe Negotiable Instruments Act
116Acceptance and payment without protest
A drawee in case of need may accept and pay the bill of exchange without previous protest.
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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
