Section 109 of Negotiable Instruments Act - How acceptance for honour must be made
Section 109 Negotiable Instruments Act Description
A person desiring to accept for honour must, 3[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.
Click here to read more from the Negotiable Instruments Act
2+ Lawyers are online