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The Negotiable Instruments Act, 1881

( ACT NO. XXVI OF 1881 )

Chapter XI

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

When acceptor for honour may be charged
112. An acceptor for honour cannot be charged unless the bill has at its maturity been presented to the drawee for payment, and has been dishonoured by him, and noted or protested for such dishonour.

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