NIA Section 108

Negotiable Instruments Act

US
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NIAChapter XI

S. 108

Acceptance for honour

Description

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.

By Raman Devgan
Updated: 16 Aug 2018
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