NI Act · XI — OF ACCEPTANCE AND PAYMENT FOR HONOUR AND REFERENCE IN CASE OF NEED

Section 109. How acceptance for honour must be made

In force · As amended up to 2026-08

109. How acceptance for honour must be made.— A person desiring to accept for honour must, 2[by writing on the bill under his hand,] declare that he accepts under protest the protested bill for the honour of the drawer or of a particular indorser whom he names, or generally for honour.[3] *

Source: India Code