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.
Chapter XI — OF ACCEPTANCE AND PAYMENT FOR HONOUR AND REFERENCE IN CASE OF NEED
Section 112
When acceptor for honour may be charged.
Printed from Law on Tips • The Negotiable Instruments Act, 1881