Law Maker

CHAPTER XI OF ACCEPTANCE AND PAYMENT FOR HONOUR AND REFERENCE IN CASE OF NEED

Section 116: Acceptance and payment without protest

The Negotiable Instruments Act, 1881

A drawee in case of need may accept and pay the bill of exchange without previous protest.

Questions on this section

1 question in 3 of our papers cite Section 116.

Practise questions on Negotiable Instruments Act, 1881