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Negotiable Instruments Act, 1881

Section 115, NI Act: Drawee in case of need

Pundora · Published 3 October 2026

Section 115 of the Negotiable Instruments Act, 1881, in the Act's own words.

The section

115. Drawee in case of need.

Where a drawee in case of need is named in a bill of exchange, or in any indorsement thereon, the bill is not dishonoured until it has been dishonoured by such drawee.

The text is India Code's consolidated text as loaded into Pundora's statute corpus on 1 September 2026. A section quoted in a draft checked by Pundora is checked against this text.

Sources

  1. India Code: Negotiable Instruments Act, 1881, section 115 (read 1 September 2026)

The Act's own words, from India Code. If the text here differs from the Gazette, the Gazette governs; write to contact@pundora.in and it will be corrected and dated.