Section 117: Rules as to compensation.

Q: What does Section 117 of The Negotiable Instruments Act, 1881 (NIA) deal with?

Section 117 NIA pertains to "Rules as to compensation.". It is part of the The Negotiable Instruments Act, 1881, a legislation enacted by the Parliament of India. Section 117 of The Negotiable Instruments Act, 1881 (NIA) governs rules as to compensation. As verified on 22 May 2026.

Q: Is Section 117 NIA still in force?

Yes, Section 117 of the The Negotiable Instruments Act, 1881 is currently in force across the Republic of India.

Q: What is धारा 117 NIA?

धारा 117 NIA is the Devanagari Hindi reference for Section 117 of the The Negotiable Instruments Act, 1881. Section 117 of The Negotiable Instruments Act, 1881 (NIA) governs rules as to compensation. As verified on 22 May 2026.

Q: What is Dhara 117 NIA?

Dhara 117 NIA is the Roman Hindi reference for Section 117 of the The Negotiable Instruments Act, 1881. "Dhara" means "Section" in Hindi. Section 117 of The Negotiable Instruments Act, 1881 (NIA) governs rules as to compensation. As verified on 22 May 2026.

Q: How to cite Section 117 of The Negotiable Instruments Act, 1881?

Cite as: "Section 117, The Negotiable Instruments Act, 1881 (NIA)" in legal briefs. For academic writing, use the BlueBook format: The Negotiable Instruments Act, 1881, 1881, § 117 (India).

Law on Tips Editorial Board

Tuesday, 28 July 2026

Law on Tips(LOTS)

India's Premier Legal News

⌘K

Submit News

Home
The Bar Room
The Gazette
The Library
Legal League
Columns
Interviews

⚖

Loading…

Law on Tips.

India's most authoritative legal news platform. Bringing you the latest judgments, legislative updates, and in-depth legal analysis from the Supreme Court, High Courts, and Tribunals.

Explore

The Bar Room
The Gazette
The Library
Compare Acts
Legal League
Columns

Trust & Standards

About Us
Editorial Policy
Fact-Checking
Corrections
Methodology
Ownership
Masthead
Privacy Policy
Terms of Use
Contact

Get the latest legal news delivered to your inbox daily.

Bar News Acts League

Table of Contents

The Negotiable Instruments Act, 1881

Chapter XII — OF COMPENSATION

Section 117

Rules as to compensation.

The compensation payable in case of dishonour of a promissory note, bill of exchange or cheque, by any party liable to the holder or any indorsee, shall 1*** be determined by the following rules:—

Related Sections

§116

Acceptance and payment without protest.

NIA

§118

Presumptions as to negotiable instruments.

NIA

Printed from Law on Tips • The Negotiable Instruments Act, 1881

PreviousSection 116

NextSection 118