Mera Samvidhaan All of Negotiable Instruments Act, 1881

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

109How acceptance for honour must be made.

Section 109 · Chapter XI · page 24 of the Act

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***

2 Subs. by Act 2 of 1885, s. 8, for “in the presence of a notary public, subscribe the bill with his own hand, and”.

3 The words “and such declaration must be recorded by the notary in his register” rep. by Act 2 of 1885, s. 8

Section 109 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.