Negotiable Instruments Act — Section 113

Payment for honour.—When a bill of exchange has been noted or protested for non-payment,

113. Payment for honour.—When a bill of exchange has been noted or protested for non-payment, any person may pay the same for the honour of any party liable to pay the same: provided that the person so paying 4[or his agent in that behalf] has previously declared before a notary public the party for whose honour he pays, and that such declaration has been recorded by such notary public.

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Judgments citing Section 113

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