115Drawee in case of need.
Section 115 · Chapter XI · page 24 of the Act
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.
Chapter XI · Of Acceptance and Payment for Honour and Reference in Case of Need
Section 115 · Chapter XI · page 24 of the Act
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.
Section 115 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.