Negotiable Instruments Act : Acceptancc for honour. Indian Bare Acts :

Negotiable Instruments Act,1881

Act No : 26

Section : Acceptancc for honour.

108.Acceptancc for honour. 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.2* * * --------------------------------------------------------------------- 1 Ins. by Act 2 of 1885, s. 6. 2 The second sentence rep. by s. 7, ibid. --------------------------------------------------------------------- 37 (Chapter XI.-of acceptance and payment for honour and reference in case of need.)