Mera Samvidhaan All of Negotiable Instruments Act, 1881

Chapter XI · Of Acceptance and Payment for Honour and Reference in Case of Need

108Acceptance for honour.

Section 108 · Chapter XI · page 24 of the Act

When a bill of exchange has been noted or protested for non-acceptance or for better security, any person not being a party already liable thereon may, with the consent of the holder, by writing on the bill, accept the same for the honour of any party thereto. 1***

1 The second sentence rep. by Act 2 of 1885, s. 7.

Section 108 of The Negotiable Instruments Act, 1881 is reproduced in full above, as printed by India Code, with its footnotes and amendment markers. Read the whole Act, or browse every Act on Mera Samvidhaan.