Central · Act 26 of 1881

Section 108 — Acceptance for honour.

The Negotiable Instruments Act, 1881

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STATUTORY TEXT
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When a bill of exchange has been noted or protested for nonacceptance 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***

Source footnotes

1. The second sentence rep. by s. 7, ibid,.

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India Code, Government of India. Text fetched 09 Oct 2026. Source metadata reports last modification: 2018-04-16. Check the linked official text and subsequent notifications when applying a provision.

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