NIA Section 109

Negotiable Instruments Act

US
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NIAChapter XI

S. 109

How acceptance for honour must be made

Description

A person desiring to accept for honour must, 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.

By Raman Devgan
Updated: 31 Oct 2022
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