Negotiable Instruments Act, 1881
Section 109, NI Act: How acceptance for honour must be made
Section 109 of the Negotiable Instruments Act, 1881, in the Act's own words.
The section
109. How acceptance for honour must be made.
A person desiring to accept for honour must, 1[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. 2 ***The text is India Code's consolidated text as loaded into Pundora's statute corpus on 1 September 2026; a number before a square bracket is India Code's own footnote marker for an amendment. A section quoted in a draft checked by Pundora is checked against this text.
Sources
- India Code: Negotiable Instruments Act, 1881, section 109 (read 1 September 2026)